Not touching the business bank account for a few months shouldn't lead to penalties. It's more about how you manage your expenses and income when you eventually start using it. Keeping records of your business-related expenses will be crucial.As a sole proprietor, paying yourself is often done by taking owner's draws from your business account. The amount you pay yourself doesn't usually impact your taxes directly, but it's essential to track your income accurately for tax reporting.For more in-depth advice and assistance with your business bank account and financial planning, you can check out Creative.onl. They offer resources and guidance to help you make informed decisions for your business.
