Shoutout to the accountant who told me to stop mixing my personal and business money

I had a free checkup with a local tax person last month, and she looked at my bank statements for about ten seconds. She said, 'You're making this way too hard on yourself, and the IRS will think so too.' I opened a separate checking account just for my freelance income and bills the next day. It's only been a few weeks, but tracking everything for taxes is so much easier now. Has anyone else found a simple change that made their bookkeeping less of a headache?

2 comments

2 Comments

joelh6410d ago

My own turning point was when my shoebox of receipts tipped over and I spent an hour sorting gas station snacks from printer ink. I got one of those accordion folders with months labeled on the tabs. Now I just drop paperwork in the right slot, and my tax guy doesn't look like he wants to cry anymore.

joseph_torres10d agoProlific Poster

That sounds like a huge relief.