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August 02, 2011

Business Banking

Business banking is essential for every company regardless of size. It is essential to maintain separate accounts for personal and business transactions in order to deduct allowable expenses on tax returns. Combining accounts can be harmful and potentially cause business owners to lose out on certain tax deductions.

A variety of business banking options exists. Companies can select from basic business checking accounts to online banking. Most banks offer options to tie-in accounts to accounting software such as QuickBooks or engage in direct deposit payroll.

Real Estate Investing article on "Business Banking "