|
Tax question - personal savings into business account?
Let's say I want to put $3000 of my personal savings into an account I opened a while ago for my LLC's checking account. I want to do this to avoid fees that the bank imposes on the business checking account if its balance is less than $3000.
How would this affect the taxes I file for my personal taxes? Is this a $3000 business expense? Is this a $3000 revenue for my business taxes? Ultimately I hope to reimburse myself in the future for this money.
Of course ultimately I am going to talk to an accountant about this but I want to do my homework before I do so!!! Thanks in advance for anyone's insight.
__________________
Powered by Yahoo! Answers
|