Jul 26 in General discussion
Mercury Bank & IRS Compliance
Hi everyone, I'm planning to start a foreign owned US domestic multi-member LLC and target US customers. I intend to open a business bank account with Mercury which requires a US address. I'm concerned about the tax implications and compliance issues of providing a personal US address from websites like anytime mailbox for the bank while telling the IRS that I have no US-connected income and resdiency. Can someone explain the potential risks and how to best navigate this situation? Is there a way to stay compliant with both the IRS and the bank's requirements? Any insights or experiences would be greatly appreciated!
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Mercury Bank & IRS Compliance
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