<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <html xmlns:v="urn:schemas-microsoft-com:vml" = xmlns:o="urn:schemas-microsoft-com:office:office" = xmlns:w="urn:schemas-microsoft-com:office:word" = xmlns:st1="urn:schemas-microsoft-com:office:smarttags" = xmlns="http://www.w3.org/TR/REC-html40"> <head> <META HTTP-EQUIV="Content-Type" CONTENT="text/html; = charset=us-ascii"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="cid:filelist.xml@01C610AF.FDBCAE00"> <o:SmartTagType = namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="time"/> <o:SmartTagType = namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="date"/> <o:SmartTagType = namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="PostalCode"/> <o:SmartTagType = namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="State"/> <o:SmartTagType = namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="City"/> <o:SmartTagType = namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="place"/>  <style>  </style>  </head> <body bgcolor=white lang=EN-US link=blue vlink=blue = style='tab-interval:.5in; WORD-WRAP: break-word;khtml-nbsp-mode: space;khtml-line-break: = after-white-space'> <div class=Section1> <st1:City><st1:place>Marshall</= font></st1:place></st1:City>,<o:p></o:p> <o:p> </o:p> It does not have to be a business = account. In fact, this is usually not desirable as banks tend to tack on all = kinds of extra charges to business accounts. Just make sure all checks are made = out to you personally and there will be no problem depositing them into a = “personal” account. If the checks are made out to a business name, like = <st1:City><st1:place>Marshall</st1:place></st1:City>’s Piano Service, the bank can balk at depositing them = into an account that does not have that as a DBA. = <o:p></o:p> <o:p> </o:p> But as far as the IRS is concerned = the main thing is that it be a separate account, = not that it be called business account, just that it be an account used = exclusively for business. <o:p></o:p> <o:p> </o:p> <div> Dean<o:p></o:p></fon= t> Dean May       &nbs= p;     cell 812.239.3359<o:p></o:p> PianoRebuilders.co= m   = 812.235.5272<o:p></o:p> <st1:place><st1:City>Terre Haute</st1:City> <st1:State>IN</st1:State>  = <st1:PostalCode>47802</st1:PostalCode= ></st1:place><o:p></o:p> </div> <o:p> </o:p> -----Original = Message----- From: = pianotech-bounces@ptg.org [mailto:pianotech-bounces@ptg.org] On Behalf Of pianotune05 Sent: = <st1:date Month="1" Day="3" Year="2006">Tuesday, January 03, = 2006</st1:date> <st1:time Hour="21" Minute="39">9:39 PM</st1:time> To: Pianotech Subject: Re: Separate business/personal accounts? <o:p> </o:p> <div> Hi = everyone.<o:p></o:p> </div> <div> I have a seperate account, = but it's not a business account.  Would a DBA account work as I get = busier?  Speaking of busy, any ideas on advertising?  I'm not in the = financial place to advertise plus we have at least 8 tuners in South Bend that = I've either met or heard of.  We may have more in South Bend =  and the surounding area.  <o:p></o:p> </div> <div>  <o:p></o:p> </div> <div> I like the word = mingling.  That's how I met my wife.  :)<o:p></o:p> </div> <div> Marshall<o:p><= /o:p> </div> <blockquote style='border:none;border-left:solid black = 1.5pt;padding:0in 0in 0in 4.0pt; margin-left:3.75pt;margin-top:5.0pt;margin-right:0in;margin-bottom:5.0pt'= > <div> ----- Original Message = ----- <o:p></o:p> </div> <div style='font-color:black'> From:</span= > <a href="mailto:yardbird@vermontel.net" = title="yardbird@vermontel.net">william ballard</a> <o:p></o:p> </div> <div> To:<= /font> <a href="mailto:pianotech@ptg.org" = title="pianotech@ptg.org">Pianotech</a> <o:p></o:p> </div> <div> Sent:</span= > Tuesday, January 03, 2006 8:49 PM<o:p></o:p> </div> <div> Subject:</s= pan> Re: Separate business/personal accounts?<o:p></o:p> </div> <div> <o:p> </o:p> </div> <o:p> </o:p> <div> <div> On Jan 3, 2006, at 2:14 PM, Andrew and Rebeca = Anderson wrote:<o:p></o:p> </div> <blockquote style='margin-top:5.0pt;margin-bottom:5.0pt' type=cite> Co-mingling is what the = tax-"services" call it.  Opening a = second account in the same bank usually works well.  Sometimes they allow you to make electronic draws to your = personal account but using a cheque is better for = record-keeping.<o:p></o:p> </blockquote> <o:p> </o:p> </div> <div> Let's not overlook having separate business = checking and savings accounts, so that when you get a deposit on labor yet to be performed or invoices for materials yet to arrive, that deposit can sit = in the savings account and not get dissolved in the daily ebb&flow flow in = the checking account.<o:p></o:p> </div> <o:p> </o:p> <div> Bill Ballard RPT<o:p></o:p> </div> <div> NH Chapter, = P.T.G.<o:p></o:p> </div> <div style='MIN-HEIGHT: 14px'> <o:p> </o:p> </div> <div> "I go, two plus like, three is pretty = much totally five. Whatever"<o:p></o:p> </div> <div>     ...........The new = math<o:p></o:p> </div> <div> +++++++++++++++++++++<o:p></o:p>= </div> </blockquote> </div> </body> </html>