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Forum nameFinancial Feast
Topic subjectbusiness bank account.
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=105&topic_id=112&mesg_id=112
112, business bank account.
Posted by quest33771, Sat Dec-30-06 04:11 AM
i have started a business that is 40% operating. is it a good idea to use my personal bank account for the business or should i get a seperate biz account. a biz account with b.o.a cost 16 bucks a month to keep if i don't keep a balance of 3500. i am not making a profit yet. i do not have a biz loan or grant yet. what are the tax probs with using my personal checking account. thanks to all.
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