incorporation of sole proprietorship (to s corp)


Joined
Feb 22, 2010
Messages
1
Reaction score
0
We are incorporating our business which was a sole proprietorship for the last 3 years. Our bank account is in our business name, but now that we are incorporated, the name change simply includes "Inc.". Would the IRS frown upon continuing to use this same bank account for the business (separate from personal) or are we required to open a brand new account, since we changed our business structure from sole proprietorship to S corp?
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top