Today, I’m sharing an article I wrote about why it’s so important to keep your personal and business bank accounts separate as an entrepreneur. I’m also sharing information about LLC’s vs. a sole proprietorship and if having an LLC really changes anything during tax time.
Join me in this episode to hear why mixing your personal and business accounts can hurt your business and to learn more about whether you should switch to an LLC.
Also mentioned in today’s episode:
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LLC’s and your taxes 1:09
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Why your personal and business accounts should be separated 2:19
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Can you operate as a sole proprietorship or do you need an LLC? 6:04
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Links:
VVRKSHOP, Paddy Johnson: https://www.vvrkshop.art/
IRS 9 point list for hobby vs business
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