ICs and deposits

Posted By: MoodyJen on 2005-12-26
In Reply to: No true. ICs can have direct deposit but it is called - MTSO

Thank you. This is brilliant. An ACH transfer. I will look into this immediately. They told me their accountant could not do direct deposits for ICs because it gave the appearance to the IRS of employee status. So this is very good information for me to use to get something going.

Complete Discussion Below:

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MTSOs who DO NOT offer direct deposit - This is sooooo inconvenient.
- Did you know that not everyone can get direct deposit for their businesses? sm - Small MTSO
  - EVERY MTSO CAN get direct deposit - even if you can't get it through your bank
    - Another thing coming out of the line rate? No wonder - MTSO
      - lifestyle mtso - texan
      - Amen to that.... - Nana
- I agree. I have a friend who works for Futurenet. SM - MT
- Direct deposit - Sandy
- Direct Deposit - MoodyJen
  - No true. ICs can have direct deposit but it is called - MTSO
    - ICs and deposits - MoodyJen
- About offering direct deposit. - Former employee

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