I own a small business, can I use the same checking acct for my bussiness as the one I use for personal stuff
Answer1:You can if your business is a sole propieter.Even though, you want to keep your business and personal finances seperate. This will help you during tax time to figure if you made or loss money, and enter it properly on your tax return.My-Lan Web Designhttp://webdesign.my-lan.us/
Answer2:You shouldnt. Every aspect of the business should be accounted for and if you use your personal account, you can make things very complicated. It will be much harder to keep the accounts separate.
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