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Cash or Card?

We recommend that you use a debit card or credit card for all business transactions. This gives you documentation of your transactions from your bank that you can't get with cash.

Although not required for a sole proprietorship, most tax professionals recommend using a dedicated bank account for all of your business transactions.

Consult your tax professional to see if this fits your circumstances. This is not to be taken as tax advice. Please refer to our End User License Agreement.

 

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