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Business Banking Rockmart GA

See below for information on banks in Rockmart, GA 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.

Citizens First Bank
(706) 291-9772
701 Broad St
Rome, GA
 
Aggeorgia Farm Credit ACA
(706) 291-6340
701 E 2nd Ave Sw
Rome, GA
 
Springfield Mortgage
(770) 947-2020
8442 Adair St
Douglasville, GA
 
Dividend America | Commercial Lending
(404) 819-4511
2479 Peachtree Road, NE
Atlanta, GA
Alternate Phone Number
404-819-4511
Services
Hard Money, Bridge, Mezzanine, SBA Loans

Vestorbid
(800) 735-2403
po box 2246
duluth, GA
 
Cash Source
(706) 235-8220
1519 Dean Ave Se
Rome, GA
 
Albany Bank And Trust
(229) 446-2265
2815 Meredyth Dr
Albany, GA
 
WFS Mortgage
(678) 377-5460
1515 Glenhaven Way
Lawrenceville, GA
 
LCG Inc
(678) 455-0464
4625 Church Rd
Cumming, GA
 
Citizens Bank
(912) 871-2971
425 Commerce Dr
Statesboro, GA
 

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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