Essential Tax Tip: Keep Business and Personal Expenses Separate

In today's tax tip, learn the critical importance of keeping your business and personal expenses entirely separate to save money and avoid trouble with the IRS. Discover why having dedicated business checking accounts and credit cards, and maintaining digital records for every transaction, can prevent costly mistakes and make tax season easier. Follow the golden rule of no mixing, and your future self will be grateful. For more information, visit ASKRALPH.COM.

00:00 Introduction to Today's Tax Tip
00:04 The Golden Rule: Separate Business and Personal Expenses
00:13 Practical Steps to Separate Finances
00:25 Why Separation Matters
00:42 Conclusion and Further Resources