Can I deduct business expenses from a personal account?

Can I deduct business expenses from a personal account?

Yes! It's important to capture all business deductions, regardless of what account they came from. Qualified business expenses made out of a personal bank/credit card account can be added individually into your bookkeeping, ensuring you get the benefit of that business expense/deduction. 

If bookkeeping is included in your Vyde membership, be sure to let your guide know about these expenses so they can help get those recorded on your books.

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