ACCOUNTS
Are you not sure which category your business falls under? Check the below mentioned attributes to figure out where your business seems to align…
What is a personal account?
- Employed with other income(s)
- Self-employed/Self-contracted
- Freelancer/Per-diem
- Sole proprietor/“Solpreneur”
- Web-based home business with less than 5 employees
What is a small business?
- Retail store, whether physical or ecommerce/web-based
- Web-based home business with 5+ employees
- Startups with more than one partner as owner
- Client-based businesses with products/services as means of revenue
What is a Non-profit organization?
- Animal rescue
- Child advocacy centers
- Nursing homes
- Houses of worship, religious organization listed under 501(c)(3), including, but not limited to: synagogues, mosques, temples, monasteries and churches, etc.
- Social service organizations funded by the government, providing to the public
What is a corporate business?
- A business with 25+ employees, whether sole proprietor or partnership
- A business providing dividends to its partner(s)/shareholder(s)/investor(s)
- Doctors' & Attorneys' offices
- Stock, foreign exchange, and cryptocurrency investors
Add a footnote if this applies to your business