3 ms·

All you have to do is properly label any such spending as an owners draw or disbursement. As long as you properly report any income received and don't call pers

by CPLX 8y ago

All you have to do is properly label any such spending as an owners draw or disbursement. As long as you properly report any income received and don't call personal spending a business expense you're not doing anything wrong.

turc1656 8y ago
Interesting. Thanks. I guess since I keep everything perfectly separated I didn't even know that was a possibility.