Personal vs. Business Expenses
Sole proprietors can enjoy the flexibility of being able to work when they want, where they want and how they want. However, these perks often times can make it harder to separate your business and personal activities. Working from home, using your personal vehicle for business and entertaining clients are just a few of the many areas where a sole proprietor may have a higher propensity for error. While separating your business and personal activities may never be completely black and white, we have some helpful tips to help you navigate the gray.