Pennsylvania Real Estate Q&A Discussion Forum
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Updated over 6 years ago, 06/25/2018
LLC registration with the state and banking
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I have an LLC with an EIN from good ole Uncle Sam. I am looking to get a business bank account so i can start to separate my personnel and business $.
I live in PA. Should i get a business bank account in PA? I would think that would make most sense. I have some personnel accounts with a credit union in MD. (full disclosure. I reside in PA, live most of my life in MD and work in DE) I thought it would be easiest if I open a business account with that credit union because that is where the money is for my investment. BUT i need to file some items with the MD Comptrollers office.
I don't see the need to file MD taxes for my business when i will not be doing any business in that state.
Am i off base ? Should i just get an account with Capital One or someone like that and keep everything in PA?
thanks