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Old 11-09-2014, 02:26 PM
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Need help on a sole proprietor question

I just started my business and been doing well with keeping track of finacial things. I know not to mix personal with business BUT since all my account such as personal....auto loan...credit card...and vusiness are all from the same bank, when I transfer money to pay myself I just transfer it online to my personal bank account then pay what I need to fpr my personal things that way...This ONE time I ACCIDENTLY transfered my car and credit card payment which are both personal from my business account to each of those two accounts. Is this going to be a problem? Or when I do ky estimated taxes and taxes just know that those two things are tax deductable and add them in my net income? Thank you! Also since im a profit business if I would eant to findraise for the business itself do i need a sperate account for the fundraise monies or can I just add it as income in my business bank account i already use? Thank u so much!



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