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Business Banking Lake Stevens WA

See below for information on banks in Lake Stevens, WA that give access to business banking, which includes services such as online banking, business checking, business loans, as well as business savings, business credit cards and commercial loans and lines of credit.

Chase Home Loans
(425) 304-1048
1716 W Marine View Dr
Everett, WA
 
Bank Of America
(425) 355-0116
3800 Harbour Pointe Blvd Sw
Everett, WA
 
Ace Cash Express
(425) 355-3495
7424 Evergreen Way
Everett, WA
 
American General Financial Services
(425) 290-9434
505 Se Everett Mall Way
Everett, WA
 
Check Masters
(425) 347-5900
210 Sw Everett Mall Way
Everett, WA
 
Cascade Savings Bank
(425) 257-1745
2828 Colby Ave Ste M
Everett, WA
 
Cash In A Flash
(425) 355-8856
7606 Beverly Blvd
Everett, WA
 
Citifinancial
(425) 353-8811
221 Se Everett Mall Way Ste M4
Everett, WA
 
1st Hand Mortgage
(425) 385-3859
1710 100th Pl Se
Everett, WA
 
Banner Bank
(425) 353-5774
12717 4th Ave W
Everett, WA
 

Offshore Banking Is It Legal?

Offshore Banking - Is It Legal?

If two phrases every seemed to go together, it would be offshore banking and tax evasion. At least, that's what we are told. So, is offshore banking legal or not?

First off, what is offshore banking? Most people picture exotic island destinations like the Bahamas or Cayman Islands. While these are offshore banking destinations, the true definition of offshore banking is doing banking in any country other than the one you are a citizen of as an individual or base your business in if you are a country. When someone from Russia opens an account at the Bank of New York, they are doing offshore banking. If an English citizen opens a bank account in Boston, they are pursuing offshore banking.

Now, it goes without saying that the type of offshore banking that gets all the notice is the type that has serious confidentiality laws. These include locations like Switzerland, the various offshore islands and some countries that you probably have never heard of such as Andorra. Andorra is a tiny country in the mountains between Spain and France. Despite having a tiny population, a surprising number of Ferraris are seen in the area!

So, is offshore banking legal if you are a citizen of the United States? Can you just fly on down to the Caymans and open an account? YES! There is no law that even remotely suggests that you are barred from pretty much putting your money in whatever bank you like. There is, however, a big caveat to this.

As a citizen of the United States, you must pay tax on all your income regardless of where it is earned. You also must give notice to the IRS that you have money held in offshore accounts. As long as you comply with the regulations and pay the taxes on any gains, you are not going to be in any trouble.

So, what do so many people run into problems? Temptation. You have that money sitting offshore in a bank account. If you invest it in stocks in Europe, who is going to know? If you make money, how is ...

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