The money in a business account is for business expenses. Your personal money is for personal expenses. Mix the two and you ask for trouble!
Paying taxes sucks. It sucks worse when someone filed the wrong forms resulting in duplicate income being reported to the IRS and you receive a letter saying you owe even more. Here is what you should do to resolve that issue.
It costs money to accept credit card payments. But the flip side of not having a merchant services account for your small business in even more costly.
Be careful when it comes to making charitable donations. What you get in return can negate any deduction, while some “charities” don’t even qualify for deduction!
You may not know it, but you may be paying your accountant for something you shouldn’t be and also it makes the freelancers you work with very angry!
If you have changes to make in your life, especially in your finances, there is no need to wait for New Year’s. Tackle those issues now and fix them sooner.