Quote:
Originally Posted by bausch
I don't cash anything, I deposit everything. Yes, I do cash more than 50 checks at a time and fairly large amounts too but I have never opened a biz account because it would be more confusing for me that way. I don't want to have pay myself a salary etc. I just put aside a certain amount for taxes and all the rest goes in my personal bank account for my own spending/saving, it's just easier that way. With two accounts it is more complex, transferring money from one account to the other etc
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You are screwing yourself tax wise.
