Quote:
Originally Posted by Rage9
Although I have had an LLC for a couple months, I keep wondering whether to have checks made out to me or to the LLC.
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I guess the same question about having a business banking account, vs just putting it in my personal account.
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You can deposit checks made out to your name or the LLC into the business checking account, if you used your name as an authorized signer to open the checking account. I would not mix personal money with business money. True about the pass through taxes on your personal tax return, but you should still be keeping track of business expenses and income with a spreadsheet or an accountant. Don't throw away your receipts either, if they count toward your business expenses.