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Tuesday Tax Tip

Mixing cash flow sources can create large problems, both in perception of where you are and of what you owe.

One tip today:  Keep Accounts Receivable payments separate from borrowed funds.

Yes, often small business owners need start up capital from business angels or loans.  Make sure the loans do not appear in the receivables.  Use software that separates income from borrowed funds, so you always know what is yours and what you need to repay.

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