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Commingling finances

Is there anything wrong with running my home-based business finances through my family's check book and use my personal credit cards? 
Yes and no. During the earliest start-up stage when funding may come from earned income from a job or other personal financial resources, commingling your funds is practical and necessary.

You should, however, separate your business activity from your personal finances as soon possible for at least two reasons:

1. Until you have a business checking account and track your business financial activity separately from your personal finances, you really don't have a true business.

2. While the U.S. Tax Code doesn't directly address how home businesses should handle their finances, the IRS may looks suspiciously at any business that "commingles" funds. 
Brain Trust contributor: Author of Safe @ Home and Teleworking and Telecommuting
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