I want to run a seasonal business this Christmas, but want the checks people send to be made out to a company?
Answer:
I have done many businesses and If you are doing it out of your home have all the checks written out in your name. I know that this is weird but if you have a special name for this business, then you will have to registart the business and all that fun stuff. I hope that this makes sence to you.
You need to register a DBA - doing business as. Where I live you do that at the county offices. Cost is minimal. That way you can be unincorporated and do business under a company name and not your personal name.
You can certainly deposit them via an ATM to your bank account without a problem. The bank will just assume it's a 3rd party check signed over to you. You would just have to sign the back of the check prior to depositing it.
you will need to file a dba (doing business as) form and open a bank account in the name of your business in order to cash the checks.
To open an account in the name of a business you need various id numbers, so would probably have to register it. Check with your bank on whether they'd let you deposit the checks to your personal account.
I'm not sure what you're saying about taxes. Registering a company doesn't mean you have to have a corporation and a corporate tax return. You can just show the income and expenses on your personal return on a Schedule C for most small businesses.
What kind of security reasons stop you from wanting the checks made out to you?
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