Opening Business Accounts: The Basics

From sole proprietors to corporations, learn how to open and properly document business accounts. This introductory program will assist you in understanding the different types of businesses and the filing requirements for each type business. This webinar will help you be able to handle business accounts from opening to closing. We will cover tax reporting, Customer Identification and Beneficial Ownership. We will discuss best practices for resolutions and account cards. How to remove and change signers and what happens at death.

What You Will Learn

  • Sole proprietor
  • Partnerships - LLP, LTD and General
  • Corporations—S and C
  • Limited Liability Companies
  • Non-profit Organizations
  • IOLTA
  • Multi-tiered businesses

Who Should Attend?

This webinar will benefit anyone with business account opening responsibilities, member service representatives, new accounts representatives, cashiers, branch managers, assistant branch managers, branch administrators, training staff and others who manage or work the front line.