Author Topic: Buissness checking accts. & getting arrested.  (Read 2057 times)

Offline Cheap dude

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2009
  • Posts: 286
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: isreal
Buissness checking accts. & getting arrested.
« on: December 30, 2009, 01:58:07 AM »
I want to open a chase buissness acct.

They said in order to open one u need to have a dba.

I can get a dba from county clerk for 10 bucks.

I want to make sure that by doing that I won't get in trouble by the irs cia fbi or other goverment agency.

Has any one done this?


Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Diamond Elite
  • **********
  • Join Date: May 2008
  • Posts: 68881
  • Total likes: 17250
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA GS, AA EXP, DL Dirt, Hyatt Glob, Fairmont Lifetime Plat, DD Diamond, Blocked By @NeriaKraus
Re: Buissness checking accts. & getting arrested.
« Reply #1 on: December 30, 2009, 10:10:17 AM »
Getting arrested, that's a good one...lol

You're Cheap Dude doing business as "Cheap Dude Ebay Sales" where you sell widgets.
You're a sole proprietor opening an account with your SSN.

Done it 100 times without problem.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline steve2

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2009
  • Posts: 2077
  • Total likes: 8
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: outside some Club
Re: Buissness checking accts. & getting arrested.
« Reply #2 on: December 30, 2009, 10:40:14 AM »
Getting arrested, that's a good one...lol

You're Cheap Dude doing business as "Cheap Dude Ebay Sales" where you sell widgets.
You're a sole proprietor opening an account with your SSN.

Done it 100 times without problem.

 very true the main thing is to stay away from names that have Corp or Inc as that means you have Incorporated the biz and will then need to supply a Biz ID tax # and other Corp papers

 

Offline Cheap dude

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2009
  • Posts: 286
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: isreal
Re: Buissness checking accts. & getting arrested.
« Reply #3 on: December 30, 2009, 02:53:55 PM »
Getting arrested, that's a good one...lol

You're Cheap Dude doing business as "Cheap Dude Ebay Sales" where you sell widgets.
You're a sole proprietor opening an account with your SSN.

Done it 100 times without problem.

You have gotten a dba?

Offline mancunian

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jul 2008
  • Posts: 1301
  • Total likes: 17
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Buissness checking accts. & getting arrested.
« Reply #4 on: December 30, 2009, 04:41:09 PM »
take advantage of the chase $200 bus. bonus before 2010.

nevermind - didnt know theres a mileage offer on that too - just saw the other thread
« Last Edit: December 30, 2009, 04:52:54 PM by mancunian »

Offline Cheap dude

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2009
  • Posts: 286
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: isreal
Re: Buissness checking accts. & getting arrested.
« Reply #5 on: December 30, 2009, 05:43:47 PM »
when applying online they ask:
Business id:
irs confermation or
assumed name certificate or
Business license



what do i pick?
 

Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Diamond Elite
  • **********
  • Join Date: May 2008
  • Posts: 68881
  • Total likes: 17250
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA GS, AA EXP, DL Dirt, Hyatt Glob, Fairmont Lifetime Plat, DD Diamond, Blocked By @NeriaKraus
Re: Buissness checking accts. & getting arrested.
« Reply #6 on: December 30, 2009, 11:57:03 PM »
when applying online they ask:
Business id:
irs confermation or
assumed name certificate or
Business license



what do i pick?
 
Just do it in a branch and tell them what your business is (ebay sales, etc.).  It has never been a problem in my experience.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Cheap dude

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2009
  • Posts: 286
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: isreal
Re: Buissness checking accts. & getting arrested.
« Reply #7 on: December 31, 2009, 02:12:50 AM »
Is there a. Regular person one (not buissness)