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FINANCE, TAXES, AND BANKING 2.7. Business Banking

FINANCE, TAXES, AND BANKING 2.7. Business Banking

One of the most common mistakes new small business owners make is to use their personal banking accounts for their business. There are many compelling reasons to do this: it’s less hassle, it’s cheaper, it’s easier. However, it’s actually more hassle, more expensive in the long run, and harder. Why? Taxes―the government lets you deduct [...]

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