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Buying a car under my business
Posted on 11/8/12 at 4:46 pm
Posted on 11/8/12 at 4:46 pm
So I have a "business" - no legal filings, but I do have a business bank account, card, and checks with my business name on it. It's for no other purpose than to keep track of my business expenses more easily.
I'm about to buy my wife a new car - Will I have any problems buying it under the business? Just pay it out of that account for documentation?
I'm about to buy my wife a new car - Will I have any problems buying it under the business? Just pay it out of that account for documentation?
4
Posted on 11/8/12 at 4:51 pm to NaturalBeam
how did you get a business bank account without filing with the SOS.
Posted on 11/8/12 at 5:03 pm to NaturalBeam
how are u paid? independent contractor? i assume u get a 1099 at the end of the year?
Posted on 11/9/12 at 1:50 am to NaturalBeam
Beyond the ethical thing (apparently not a problem), people with businesses buy shite for their family all the time. She just needs to be on the payroll & you need to be ready to shows its business use.
Posted on 11/9/12 at 10:37 am to NaturalBeam
quote:
NaturalBeam
so when your wife is in an accident, just be prepared to have your company brought into the lawsuit.
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