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JCPS Global
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New business

I am starting a new venture using my existing LLC. Do I need to keep the expenses separate from my current venture? (Separate Schedule C)

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‎October 27, 2021 2:38 PM
last updated ‎October 27, 2021 2:38 PM
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OpeA1
Employee Tax Expert
Employee Tax Expert

New business

Yes, it is always best to keep a record of your expenses for each entity separately. It is best practice for good bookkeeping and accurate tax records.

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‎October 27, 2021 2:54 PM
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