Independent Contractors Need A Separate Business Bank Account
Are you concerned that you may be setting yourself up for a future problem when it comes to banking? It is a valid concern.
This is the second installment of
Independent Contractor Taxes…Know Your Options.
It can be downloaded from our eBook library.
Independent contractors need to set up separate bank accounts. It is a must, be aware it will help you avoid depositing income earned and paying expenses out of your personal checking account.
Two of the problems you may encounter are: