Well, i guess it all depends on your industry and other factors. They are still my first option.
mad1max said:
Here has some CPA made a video about it, he claims they even don't let you log in your account until you solve the problem. Wonder if this is true?
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Suddenly Mercury losing all these influencers who are trusted in the mediacatslover said:
Mate, I know how to sell good things to people, but all this bureaucracy is simply beyond me.
I also have to solve the bank issue soon, I guess Mercury is no longer an option...
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Everyoneivan1911 said:
Is this problem affecting people who don't have American customers or everyone ?
Thank you
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Although I did not get the W9 request (yet), I did end up doing what that YouTube CPA recommended: add another member (for 1%) to my LLC so I can legally use the W9. I have a feeling that Mercury won't be the last with this issue.Alexmorgan said:
Everyone
Doing W-9 form is a problem for non US residents and not having citizenship of US
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xnpu said:
Although I did not get the W9 request (yet), I did end up doing what that YouTube CPA recommended: add another member (for 1%) to my LLC so I can legally use the W9. I have a feeling that Mercury won't be the last with this issue.
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Do you happen to know why?
But than you might have to pay taxes if you have US clients.xnpu said:
Although I did not get the W9 request (yet), I did end up doing what that YouTube CPA recommended: add another member (for 1%) to my LLC so I can legally use the W9. I have a feeling that Mercury won't be the last with this issue.
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Could you elaborate on this? I could not find anything that suggests this is the case.
xnpu said:
Could you elaborate on this? I could not find anything that suggests this is the case.
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Looks like it can be changed.Single-member LLCs are considered a disregarded entity and automatically taxed like sole proprietorships unless they request otherwise. Multi-member LLCs are automatically taxed like general partnerships unless they change their tax treatment.
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Bancoli is a decent solution for US companies, and it does work with foreigners. It's owned by Romeo Juhasz, also owns Relabe (payment processing for ad networks) and Sulvo (Google partner for advertising). They have insurance backed by the US fund instead of FDIC so the limits are higher. I've seen some companies pretty well served with them, but it's still a pretty new company so I don't have much hands on experience and don't want this to serve as any promotionmontterio said:
you can try bancoli ... never try though .. still checking them out
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