Why Mixing Personal And Business Credit Cards Could Cost Business Owners

Show Business and Finance Publications

Thu, February 20, 2025

[ Thu, Feb 20th 2025 ]: Yahoo

Beshear: Weather death toll rises to 15, search-and-rescue phase ending

[ Thu, Feb 20th 2025 ]: 7NEWS

INSIDE MEDIA: Neighbours axed again and exposing the secret MAFS contract contestants have to sign

[ Thu, Feb 20th 2025 ]: CNBC

CNBC Daily Open: Alibaba surges and Amazon beats Walmart

[ Thu, Feb 20th 2025 ]: cfodive

GM tariff playbook includes international inventory cuts, CFO says

[ Thu, Feb 20th 2025 ]: Wired

DOGE Puts $1 Spending Limit on Government Employee Credit Cards

[ Thu, Feb 20th 2025 ]: Oregonian

Oregon will issue loans to help build middle-income homes

[ Thu, Feb 20th 2025 ]: GOBankingRates

10 Industries With Remote Jobs That Pay $100K or More in 2025

[ Thu, Feb 20th 2025 ]: ABC

Tesla's law firm helps draft legislation that som .. experts say could restore Musk's $55B pay package

[ Thu, Feb 20th 2025 ]: Reuters

Canada's Cenovus Energy quarterly profit falls on weak oil prices

[ Thu, Feb 20th 2025 ]: Reuters

Norinchukin sees $12.6 billion loss in 2024 financial year, CEO resigns

[ Thu, Feb 20th 2025 ]: Fortune

CEOs unhappy with Trump on Ukraine

[ Thu, Feb 20th 2025 ]: Fortune

Sin City showdown: Capital One's Las Vegas airport lounge ups the ante

[ Thu, Feb 20th 2025 ]: ProPakistani

Aurangzeb Engages with Pakistan Dairy Association, Challenges and Policy Measures Discussed

[ Thu, Feb 20th 2025 ]: Upstream

Cenovus hits new Canada oil sands production record

[ Thu, Feb 20th 2025 ]: inc42

How Stockwiz Is Leveraging AI To Democratise F&O Trading For Retail Investors

[ Thu, Feb 20th 2025 ]: Forbes

The Public Markets Test: Why Going Public Still Matters In The Age Of Mega-Privates

[ Thu, Feb 20th 2025 ]: Forbes

How To Build Resilience Into Your Business, Finances

[ Thu, Feb 20th 2025 ]: Tempo

Master These 10 High-Income Skills in 2025 and Secure Your Future

[ Thu, Feb 20th 2025 ]: Forbes

4 Predictions For The Future Of AI In Estate Planning

[ Thu, Feb 20th 2025 ]: Couriermail

ACCC still 'concerned' about Woolworths and Coles discounts

[ Thu, Feb 20th 2025 ]: Fortune

Paying off debt with debt: How a balance transfer will save me over $1,000

[ Thu, Feb 20th 2025 ]: ProPakistani

Taxing Only Salaried Class is Not The Complete Solution: Finance Minister

[ Thu, Feb 20th 2025 ]: MSN

Major crackdown on 'excessive' surcharge scourge costing Aussies: 'Repetitive instances'

[ Thu, Feb 20th 2025 ]: AOL

The one thing Elon Musk doesn't tweet about: Tariffs

[ Thu, Feb 20th 2025 ]: MSN

Mark Kleinman: FCA is naming and shaming itself, not the City

[ Thu, Feb 20th 2025 ]: MSN

When I first started I knew what mattered was the business cycle, says Jim Cramer

[ Thu, Feb 20th 2025 ]: Reuters

BOJ chief Ueda meets PM Ishiba, eyes attending next week's G20

Wed, February 19, 2025

[ Wed, Feb 19th 2025 ]: Yahoo

Local business helping fire victims gets special surprise

[ Wed, Feb 19th 2025 ]: foxbaltimore

Liquor license fee hike shocks Maryland bar and restaurant owners

[ Wed, Feb 19th 2025 ]: Techopedia

How Does an Online Casino Work?

[ Wed, Feb 19th 2025 ]: Forbes

Is "Waste-To-Value" The Next Big Private Equity Category?

[ Wed, Feb 19th 2025 ]: fbcnews

Calls for fairer prices to tackle costs

[ Wed, Feb 19th 2025 ]: Kiplinger

Trump Admin. Kills Support for NYC Congestion Pricing Despite Benefits

[ Wed, Feb 19th 2025 ]: MSN

Georgia's richest man said to be moving funds to avoid US sanctions

[ Wed, Feb 19th 2025 ]: Politico

Ballard links with Italian firm

[ Wed, Feb 19th 2025 ]: MSN

'We shall rebuild' | Grand Rapids business stays open despite massive fire

[ Wed, Feb 19th 2025 ]: Forbes

Why Financial Services Can And Must Prepare For AI

[ Wed, Feb 19th 2025 ]: AOL

Here's the Average Salary for a Business Professional in Florida

[ Wed, Feb 19th 2025 ]: Reuters

Australia's ANZ says impaired assets rose in the first quarter

[ Wed, Feb 19th 2025 ]: Reuters

Lender Banco do Brasil sees 2025 adjusted profit between $6.5 billion and $7.2 billion

[ Wed, Feb 19th 2025 ]: Week99er

Top 4 Best Cryptos for Beginners - Easy-to-Invest Coins with High Growth Potential!

[ Wed, Feb 19th 2025 ]: fingerlakes1

Schuyler County launches Schuypreneur Boot Camp to support local entrepreneurs

[ Wed, Feb 19th 2025 ]: Reuters

South African budget delay over VAT hike shows cracks in coalition

[ Wed, Feb 19th 2025 ]: MiBolsilloColombia

How to create a payment plan if you requested a loan to open your business

[ Wed, Feb 19th 2025 ]: MSN

Where does the CFO path lead? New data shows 34% .. sident or CEO in 2024, up from 20% the prior year

[ Wed, Feb 19th 2025 ]: ConsumerAffairs

What is a mortgage banker?

[ Wed, Feb 19th 2025 ]: ConsumerAffairs

What is tax avoidance vs. tax evasion?

[ Wed, Feb 19th 2025 ]: Fortune

Not just Alibaba's Jack Ma: Who's who at the summ .. as a 'symbolic' end to China's crackdown on tech

Why Mixing Personal And Business Credit Cards Could Cost Business Owners

//business-finance.news-articles.net/content/202 .. ess-credit-cards-could-cost-business-owners.html

Published in Business and Finance on Thursday, February 20th 2025 at 9:20 GMT by Forbes

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Using personal credit cards for business purposes is a short-term move that can result in long-term headaches.

2025-02-20 167 x 110 / 4434 Bytes

The article from Forbes Finance Council, published on February 20, 2025, discusses the potential pitfalls of business owners mixing personal and business credit cards. It highlights that this practice can lead to several financial and legal complications. Firstly, it can blur the lines between personal and business expenses, making tax preparation more complex and potentially leading to missed deductions or errors in financial reporting. Secondly, it can negatively impact personal credit scores if business debts are not managed properly, as personal guarantees on business credit can affect individual credit ratings. Additionally, mixing funds can complicate legal issues, especially in the event of an audit or legal disputes, where clear financial separation is crucial. The article advises business owners to maintain separate credit lines to ensure better financial management, protect personal assets, and maintain clear financial records for both business and personal transactions.

Read the Full Forbes Article at:
[ https://www.forbes.com/councils/forbesfinancecouncil/2025/02/20/why-mixing-personal-and-business-credit-cards-could-cost-business-owners/ ]