They don't even really specify this in their link in the email sent, but I am getting this error when going to my dashboard now:
Invalid address. Your business address must be a valid physical address from which you conduct business and cannot be a private mailbox. Please correct the following...
So now, I have to find a new business address (either rent a place, or do a virtual office), which isn't as simple as just getting a new address. I then have to update every single account online or in person that uses it, and officially ask my state's SoS to update my biz info. There is probably other stuff I am not even thinking of in this moment as well. In addition, Stripe wants me to get a new biz address before March 13th or "payouts" will be impacted. Not processing! They are happy to use my money to make money for themselves and hold it like they have done to others in the past indefinitely.
This is all probably related to CTA and BOI changes that began this year that are seemingly affecting small biz more than the corporate entities that this bill supposedly was about.
https://home.treasury.gov/news/press-releases/jy1974
https://www.fincen.gov/boi
Once again, Thanks Stripe. It's been real, but it's probably time to move on.
Invalid address. Your business address must be a valid physical address from which you conduct business and cannot be a private mailbox. Please correct the following...
So now, I have to find a new business address (either rent a place, or do a virtual office), which isn't as simple as just getting a new address. I then have to update every single account online or in person that uses it, and officially ask my state's SoS to update my biz info. There is probably other stuff I am not even thinking of in this moment as well. In addition, Stripe wants me to get a new biz address before March 13th or "payouts" will be impacted. Not processing! They are happy to use my money to make money for themselves and hold it like they have done to others in the past indefinitely.
This is all probably related to CTA and BOI changes that began this year that are seemingly affecting small biz more than the corporate entities that this bill supposedly was about.
https://home.treasury.gov/news/press-releases/jy1974
https://www.fincen.gov/boi
Once again, Thanks Stripe. It's been real, but it's probably time to move on.