Best way to separate personal funds from your LLC

The easiest way is to just keep 2 different bank accounts, credit and debit cards for your personal and business. This will eliminate lot of work and book keeping costs for your end of the year tax filing.

If for some reason, you used personal funds to pay business expenses then you can either consider this as a capital contribution or let the company reimburse you for the expenses incurred.


Posted In: Company Formation

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