cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements

Reply to message

View discussion in a popup

Replying to:
mcwagner
Level 5

Reply to message

Agreed.  Set it up as a separate account in the equity section.  This makes it easy to get an annual total for their 1040 at tax time.

I also set up personal home expenses (rent/mortgage payment, utilities, etc) paid out of te business account as separate lines in the equity section so I can easily transfer for the home office deduction.

Mark Wagner CPA

Need to get in touch?

Contact us