I have a problem and could use some advice. I called up my accountant the awhile back and asked him if he thought that it would be a good idea to open up a business account at the bank.He told me no, he said to just deposit the checks from my lawn company into my personal checking account. Reason being that it will make it easier to report my taxes. Well I got off of the phone confused again. Reason being I have read on here that many people feel that it is necessary to have an account only for business and not to combine your business account with your personal account. I'm confused should I have a business account? What is the reason for having a business account? I am trying to make sure that I do everything legal. I don't have a very big operation at the moment is it better to wait until you reach a certain income before having a business account?