The government isn't taking any chances.
When I went to open a business account (it's about time I separated by business and personal finances!) last week, it struck me as odd some of the questions I was being asked.
“How much do you think you will make a month?” asked the nice man at the bank.
“Will it affect how my account works?” I countered. After all, I was going for basic, free business checking. I'm a writer, the general partner in an LLC where the other partner is my husband.
The bank man looked at me apologetically. “No, to us it doesn't matter. We just have to know for the Patriot Act.”
So I thought about what I make a month right now, and added $1,000 to it. Heaven forbid I get an awesome project one month and it translates into larger than normal earnings. And I get investigated for terrorist activities.
Tags: terrorist activities, business account, Patriot Act, professional blogging