Posts by hiddenmaker16

I run my own business, and I’m actually in the exact same boat as you... specifically, I didn't really get things moving until about two months in...

You can register your LLC right at your own home address, which means you don't even need to worry about drafting some formal lease agreement with your parents...
As for an accountant, you really only need one to handle the annual tax filings you have to submit
by the end of the first quarter—or maybe the second, I can't quite recall the exact deadline offhand...
The fees for maintaining a business checking account are practically negligible...
Essentially, all you have to do is file your tax reports within that three-to-four month window, and you're set. You won't be required to collect sales tax unless your gross revenue exceeds roughly $80,000 $0.00 during your first year of operation; if you hit that threshold, you'll automatically be required to register for a sales tax permit the following year...unless, of course, you choose to opt-in early by charging sales tax on your invoices manually...

Depending on the specific industry you choose to enter, there are certain professional certifications or degrees required by law. If you don't personally hold those credentials, you'll need to hire someone who does to serve as your manager or designated supervisor. It really all boils down to the nature of the business you intend to run...
When it comes to forming an LLC, however, you aren't required to have any specific educational background or professional licensing at all...
Also, just so you know, a high school diploma is perfectly acceptable for setting up a sole proprietorship...

Unfortunately, it seems like every major bank in the US is being incredibly strict about requiring proof of residency these days. I went through a similar headache myself recently. In the end, my only real option was to sit down with my boss and ask if they could ensure my payroll was deposited consistently for the next three months straight. Only after that period of steady, documented income did the bank finally approve my loan. You might want to try having a similar conversation with your employer; if they’re reasonable people, they’ll likely try to help you out. Just keep in mind that those three consecutive months of contributions have to be paid in on a month-to-month basis without fail to satisfy the requirements.