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New federal law: Most business entities must file a Beneficial Ownership Report to comply with the Corporate Transparency Act.

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Are you using your personal accounts for your business?

Whether you're freelancing from home or building a brick-and-mortar business, having a business bank account proves that your business is legitimate and not a hobby.

Find out more about Business Accounting with LZ Books

by Diane Faulkner

Diane is a freelance writer, speaker, and human resource consultant with over 30 years of experience working in and c...

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Updated on: January 31, 2024 · 11min read


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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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