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Deductions & credits
I recommend that you use separate accounts for business and personal. It is easier to keep track of your business expenditures that way. As a sole proprietor, paying your self is known as an owner's draw. The simplest and cleanest way to take such a draw is to write a check to yourself from the business account, then deposit it into your personal account.
‎June 1, 2019
12:30 PM