I went with the $250 referral offer, was so easy. Didn't want to bother with PPBP etc. Plus I like RJ getting a nice bonus as well for all his great work!
I have a question, though. Once you e set up a business account, do we have to report the ‘company’s gains’ every year tax wise? Or if we make so little money (we just open it for the purpose of banks bonuses for example) we don’t need to report to the IRS? Tks
@@fidalgacarol No you get an EIN and actually have sales and such that is where you report to the IRS the taxes etc... If you get an EIN, never make a sale or transaction. Sine you open as a sole prop the company is your name and all tax liabilities are going to be in your name and the only tax implication would be the 1099-INT form for the interest income
Blog: www.profitablecontent.com/mercury-500-business-checking-bonus/
$500: mercury.com/partner/twist
$250: mercury.com/r/profitable-content
I went with the $250 referral offer, was so easy. Didn't want to bother with PPBP etc. Plus I like RJ getting a nice bonus as well for all his great work!
What is PPBP ?
when does this offer expire?
They didn't list an end date. It's been going since I signed up over a year ago from what I can tell
Thanks for the info + video!
How long does the 10k need to be tied up for the $250 offer?
They don't specify a lockup period in the terms
What bureaus are pulled for the credit card ?
Never opened the card, not sure
Bank of America is offering $200 for opening a Business Checking account and depositing $5,000 of new money.
This one was too easy to do with bill pay... Getting an EIN takes a few minutes online at the IRS site and is free
I have a question, though. Once you e set up a business account, do we have to report the ‘company’s gains’ every year tax wise? Or if we make so little money (we just open it for the purpose of banks bonuses for example) we don’t need to report to the IRS? Tks
@@fidalgacarol No you get an EIN and actually have sales and such that is where you report to the IRS the taxes etc... If you get an EIN, never make a sale or transaction. Sine you open as a sole prop the company is your name and all tax liabilities are going to be in your name and the only tax implication would be the 1099-INT form for the interest income
Based RJ