The businesses should have separate company files
Commingling of funds is a no no, the client really needs separate bank and CC accounts, the CC can be a personal CC and just dedicated to the business
IRS Pub 583, Page 5 – must keep separate books per company
IRS Pub 334, page 40 […]
Resolution for 'Combining issue: '2 different businesses, one account, combining the two. How do you reconcile that?' available: Yes.
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