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How does a small business checking affect my tax filing if at all?

Hi, I have a small business, very small, I am a floral designer and event planner, I’m only doing about 8-15 weddings a year rite now, will grow in the future. I am DBA and have my tax ID number. I am hoping to open a new checking account to keep these funds apart from normal household funds, just to keep track.

If I open a small business account, does this affect how my taxes are filed? I live in Michigan if that helps.

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3 Responses to “How does a small business checking affect my tax filing if at all?”

  1. Doctor Deth said :

    the checking acct is irrelevant.Just make sure you claim all the income on a schedule C with your 1040

  2. Stephens said :

    No idea about the specific query! I think you should talk to experts like . They can guide you in the right direction.

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