Answer:
Check your state laws for restrictions on the use of tradestyles or assumed names.
It's possible for a corporation (Acme, Inc. in your example) to be a member -- even the sole member -- of an LLC. If it's the sole member, it may want to have the LLC disregarded for tax purposes as an entity, so the LLC appropriately uses the TIN of the corporation as its TIN.
In such a case, the TIN you'd set the account up under would be Acme's EIN. To achieve a name/TIN match under some systems, that requires that Acme, Inc., be included as an owner in the first line of the setup. But you shouldn't use "DBA" in the styling. Try something like:
Acme, Inc., sole member
ABC LLC
First published on BankersOnline.com 4/18/11
print
share