Business & personal expenses should never date 💔
📝 Using one bank account for both business AND personal expenses? That’s a financial soap opera waiting to happen.
💡 Tip of the day:
Open a separate business checking account. Use it for all biz income and expenses, even if you’re a sole prop. Keep it clean, clear, and audit-proof.
📉 Why it matters:
Mixing personal with business makes taxes harder, creates messy books, and waves a red flag at the IRS. Keep ‘em separate and keep your sanity.
🎤 Joke of the Day:
Why did the business account break up with the personal account?
Because it couldn’t handle the drama anymore! 🎭💳
#BookkeepingWithKathy #BusinessBanking #SeparateAccounts #TopTierTips #CornyAccounting