There are many people outside of the United States who wish to establish U.S.-based corporations or LLCs. Business owners who live outside of the U.S. choose to do so because they have U.S. customers, or U.S.-based investments or property. They frequently want U.S. bank accounts as well, and need to accept or make payments in Read More

A woman who was working as a highly paid scientist decided to start a clothing design business as a side venture. She used an incorporation service, and said that if we opened her checking, she wanted credit. She also said that a competing multi-state bank took good care of her. I called her back once Read More

Should you incorporate as a contractor? If you are a contractor, the first thing you need to do is decide if this is best for you. In most cases, it is. Why? Setting up a corporation or LLC offers many advantages and protections for contractors. The first reason is liability protection. A corporation is a Read More

“Justin” is a 28 year old entrepreneur who sells nutritional supplements online. After a four-year tour as a U.S. Army infantry officer, he was able to amass approximately $40,000 in personal savings, thanks largely to exclusions on income tax of combat zone pay. He contacted me for assistance with setting up his business banking. He Read More