Business Account

I was wondering if all of you have a busines account. I already juggle my husbands busines account and our personal account so I have been using my personal account. I do have a federal tax ID number so I wondering do I really need another account?

Thoughts please..

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Permalink Reply by Deborah Kenney on February 10, 2013 at 11:01am

I find it much easier to separate for expenses, and I have it all on quickbooks. I opened another personal account, not willing to pay extra for a bus. account. Much easier if you ever get audited.

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Permalink Reply by Miss D on February 10, 2013 at 12:42pm

Same as Deborah!

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Permalink Reply by Jennifer Hustack on February 10, 2013 at 11:12am

Hi Angela! When i went to the bank to open a business account, the woman that I was working with did not recommend it. She said the taxes and monthly fee woud be to much to be worth it. She advised me to open a second personal account and do all my business through that one so i could keep everything separated.