I just recently incorporated a new business as a Wyoming LLC, and I'd like to set up some cell phones for the members in my business. Originally I was planning to sign up directly with the cell phone company (aka Sprint or AT&T) and set them up all as business accounts, so I can properly do the bookkeeping as business expenses.
However, I have a friend who works as a cell phone sales rep for ACN. If I set up a new account with him, he says I can save 20% over signing up directly with the cell phone companies. He says I have to sign up as a personal account, however, and not as a business account, in order to get the discount.
He says, apparently, it's not a problem if I sign up the accounts as a personal account, because he says I can just do it as a DBA ("doing business as") under my own personal name, and I can just pay using my business checking account, and this is considered legit business expense.
Is this true?
Thanks in advance!