Compliance Question of the Week
What is a Single Member LLC and does it need an EIN to open a bank account?
Anthem
Compliance Question of the Week
Would we use the executor’s Social Security Number on an estate account as opposed to the deceased member’s? Would this decision be due to IRS Ruling 84-73?
Depositaries Requested to Adhere to Levy Compliance Rules
The IRS is asking depositaries (banks, credit unions, savings and loans, and similar institutions) to review and understand the responsibilities associated with processing levies.