deepstash

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deepstash

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Elena A.

@ele_gaa54

Personal or Business Banking

Profits from your freelancing career can't simply be added into your personal bank account for the following reasons:

  • Mixing personal and business finances can lead to an impossible task at tax season.
  • You can be personally liable for lawsuits against your business.
  • You'll fail to build business credit.

When you go freelance, open up a business checking account and get a business credit card.

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IDEA EXTRACTED FROM:

5 Financial Questions to Ask Yourself Before Going Freelance

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