Trust account

[jguyname]

My business uses a trust account where we hold client money for short periods of time while a transaction is being completed, funds are then sent to a third party.

What if anything can I do to help avoid confusion that client money in the trust account won't be confused for income?

[Anonymous_ · Accepted solution]

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@jguyname wrote:

What if anything can I do to help avoid confusion that client money in the trust account won't be confused for income?

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Segregation and good recordkeeping.