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A business checking account at Bank of America, currently. I should probably have two of them, technically, since I have two LLCs now, but I haven't gotten aro
by patio11 14y ago
A business checking account at Bank of America, currently. I should probably have two of them, technically, since I have two LLCs now, but I haven't gotten around to that yet.
- jplewicke 14y agoIf you don't mind me asking, I'd be curious to hear what decisions you've made on cash vs accrual accounting, pass-through vs corporate taxation, and the use of guaranteed payments vs distributions. I know a lot depends on the specifics of each situation, but haven't heard a lot of details on this from people running single-member bootstrapped SAAS LLCs before :) .