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Posts by Dennis Williams40

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Referral codes for Chime, PayPal, and other cards in Banking, Insurance & Loans ·
If you want to jump into the crypto scene, grab a spot at Coinbase using my link—we’ll both snag $50 once you finish signing up and make a qualifying trade. https://platinum.crypto.com/r/fa23tr4tr6
Referral codes for Chime, PayPal, and other cards in Banking, Insurance & Loans ·
Grab $5 on your PayPal card: D4W977KE

http://www.paypal.com/join#D4W977KE
COVID-19 updates and discussion in Health ·
Anyone know if there are any masks around?

I mean, like those N95 or higher-grade respirators?
Best mobile apps for money transfers? in Banking, Insurance & Loans ·
Anyone here actually know anything about PayPal?

Edit: My bad, just realized people have already been talking about this—going to go catch up now.
Warren Buffett in Banking, Insurance & Loans ·
And what’s her deal with claiming the US government doesn't allow you to link bank accounts to a PayPal account?
Warren Buffett in Banking, Insurance & Loans ·
so, looks like my luck's run out again :/
Warren Buffett in Banking, Insurance & Loans ·
Hey!
Warren Buffett in Banking, Insurance & Loans ·
😢
Warren Buffett in Banking, Insurance & Loans ·
nope, it’s not working 😢
We're sorry. We're not able to process your request right now. Please try again later.
Warren Buffett in Banking, Insurance & Loans ·
Yeah, the data looks solid. I'll give it another shot, but I just went down a Google rabbit hole and apparently, this kind of thing actually happens sometimes...
Warren Buffett in Banking, Insurance & Loans ·
Kevin Morris12 said:Back when I first opened an account, Twitter was actually one of the few major players offering support for US dollars, long before Chime became a thing—not to mention Stripe, which honestly feels like it’s in a completely different league compared to the rest. Even now, Twitter offers a much wider variety of currencies than Chime does. Plus, you can actually set up bank accounts for various markets through them; for instance, you can grab a US account and seamlessly link it to your American PayPal to withdraw funds without getting hit by any commission fees. Another big difference? Twitter provides actual debit cards, whereas Chime just gives you prepaid ones. While Twitter used to have a clear edge over Chime, it still has plenty of unique perks to offer today. That said, I’m really hoping they eventually get their act together and lower those pesky fees so they can truly compete with Chime on equal footing. At the end of the day, every one of these services has its strengths, and none of them are perfect. 🙂

So, basically, you can add a TW account as a US bank account on PayPal?
I just tried doing that myself and it won't let me 😢

just some stupid error message saying it's not working right now, blah blah, try again later 🙄
Warren Buffett in Banking, Insurance & Loans ·
aha, so maybe something smaller then... I think my bank charges something like $1.90 just for logging the incoming wire or whatever they call it—thanks for the heads-up, though. I was under the impression this would all go through a foreign account.

Actually, doing it that way might actually save me some money since Payoneer’s exchange rates are pretty rough—though, to be fair, they're still better than what you get at local banks like Bank of America 😳. It's kind of funny, though—my bank doesn't charge me a dime when the deposit hits in USD, yet Payoneer processes the payout through some service called Earthport.
Warren Buffett in Banking, Insurance & Loans ·
Does anyone know when transfers from Wise actually hit an American business account? Also—does the bank usually tack on some random fee?
I’m assuming they do, though when I move money over from Payoneer, my bank doesn't charge me anything—the USD just shows up and that's that.
Looking at the numbers now, it seems like using Wise would be slightly more cost-effective, but I'm worried that any savings will just get eaten up by whatever service fee the bank decides to slap on me...
Chime: My experience so far in Banking, Insurance & Loans ·
The folks over at the Federal Reserve actually broke down why all the local big shots are freaking out about Revolut moving in—especially since they mentioned wanting to integrate USD into the app. See, the thing is, Americans already have the right to open an account at any bank within the US and get their paycheck deposited there. With new players like Revolut and Chime hitting the scene, making that whole process totally seamless is basically the goal.

Wait, so we can actually get our paychecks sent to an out-of-state account?? 🤔🤔🤔
Selling video games on Steam in Business, Accounting & Taxes ·
Maybe just go with a sole proprietorship? It’d definitely be the path of least resistance for you.
How to sign up for Medicare in Business, Accounting & Taxes ·
Thanks for the heads-up—I actually needed this info for my husband too. He’s planning to wrap things up at his current job on the 26th, with an official end date of the 28th, just so he can hit the ground running at the new gig on the 29th. So, we're assuming that works out fine? We were mostly just stressing about the weekend gap—he really doesn't want any breaks in his service history.

Does the health insurance part just kick in automatically?
Doing business with USA member states in Business, Accounting & Taxes ·
ruggedmaker2 said:Look, you can't really figure out if sales tax applies without knowing the gritty details.
Who’s doing the buying? Who are they buying from? Is the seller even registered for sales tax? And what exactly is being bought—is it even a taxable item to begin with?
Just be more specific here... what were you buying before, and who was the vendor? Was this a B2B deal or just standard B2C?
Maybe someone will actually remember how things used to work. Honestly, with how fast tax laws change in the US, who can say for sure what the rules were decades ago? 😁

If you were buying stuff through your own company back in the day, you wouldn't have seen sales tax on their invoice. To them, it was basically an export, which meant it was tax-exempt. But you still had to settle up with the US government—your company had to pay it, likely through some freight forwarder or whatever setup you had. Once that payment cleared, you'd claim it as an input credit, which pretty much wiped it out. Of course, everything still had to be logged in the books properly.
Trying to guess this stuff off the top of my head is a losing game.

No, no—I was buying as an individual. B2C.
Doing business with USA member states in Business, Accounting & Taxes ·
Wait, seriously?

I seem to remember back before we joined the USA, I used to buy stuff online from the UK and there was zero sales tax involved... or does that rule about charging tax to customers from third countries only apply to services?
Doing business with USA member states in Business, Accounting & Taxes ·
Wait, does anyone actually bother calculating VAT for third-party countries?