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LLC business expense purchase online?
Florida single member LLC, if I need to purchase a business expense item online say on Amazon, can I use my personal amazon log in but use a business credit card to pay for the transaction. I ask since I know you do not want to co-mingle funds, or risk piercing the corporate veil. So is it okay to use my personal ebay, or amazon account, but pay with a business card instead of my personal credit card?
1 Answer
- ?Lv 76 years ago
Should an audit ever happen you will be in much better standing if you have created separate accounts so all of your business purchases will be clear.
