Virtual Paralegal Training Center

        VIRTUAL PARALEGAL TRAINING CENTER

Training, Networking & Resources    

 

Virtual Paralegal Business Bank Account

03 Jun 2020 1:56 PM | Cordina Charvis (Administrator)

One of the easiest ways to screw up your business accounting and possibly run afoul of the IRS is to commingle personal and business funds. Using a business account for all business transactions eliminates that possibility.

Get a business account using your business name and EIN Number, and only use that account for all business-related deposits, withdrawals, and transactions.

Pick a bank or credit union that is convenient. Check out your local credit unions; often they provide better deals than commercial banks.

¬©Virtual Paralegal Training Center™

Training, Networking & Resources (TNR)

http://www.virtualparalegaltrainingcenter.com

inbox@virtualparalegaltraining.com

Subscribe to virtual paralegal newsletter

Powered by Wild Apricot. Try our all-in-one platform for easy membership management