Can I Pay My Personal Taxes from My Business Account?
Only if You Want to Break the Rules and Break Your Business (Spoiler: You Don’t)
Let’s just start with the truth: If your business checking account had feelings, it would scream every time you tried to sneak in a personal tax payment. Loudly. In QuickBooks. With receipts.
And yet... here you are, staring at the balance in your biz account, wondering, “Wouldn’t it be easier if I just paid my personal taxes from here?”
Short answer: No.
Slightly longer answer: Nope.
CPA-approved answer: Absolutely not, please step away from the transfer button.
Here’s why this is a big deal (and not just because it gives CPAs heartburn):
When you pay personal taxes from your business account, you’re basically inviting chaos to move in, get comfy, and eat all your profitability snacks. It blurs the line between you and your business, and that’s a huge no-no in both accounting and adulting.
This isn’t just about neat bookkeeping. It’s about protecting your business from legal messes, audit nightmares, and looking like you’re running a lemonade stand on vibes and glitter.
Now, before you panic and start stuffing dollar bills into envelopes labeled "personal use" — let’s get you set up like a pro:
Because it does.
Your business account is for business. Your personal account is for, well, you. Never cross the streams. Ever.
If the funds are in your business account, no problem — just transfer the exact amount you need to your personal account. Label it clearly as an owner’s draw or distribution. Then pay the IRS from your personal checking like the responsible, financially-sophisticated legend you are.
Create a clear trail. Use consistent naming. Keep digital copies. If the IRS ever wants to chat (gulp), your documentation will be your superhero cape.
You’re running a studio, a retail floor, an event calendar, and a full-blown business. You don’t need to remember to move money at the last second. Automate those reminders like your profitability depends on it (spoiler: it does).
Make this a regular part of your financial rhythm. A little discipline today saves you from a giant bookkeeping migraine later.
And honestly? That’s what we’re all about at pyop accounting.
We help women-owned studios and creative entrepreneurs like you…
Treat it like the worthy investment it is.
Draw smart boundaries. Move your money the right way. And if you need help making it all hum like a brand-new kiln?
pyop accounting is here to help.
Please follow us on Facebook and Instagram. Please make sure to check out our blog and our website link below. Subscribe to our YouTube channel and hit the bell to be notified when we post. You can email me at donna@pyopaccounting.com.
Donna Bordeaux, CPA with PYOPAccounting.com
Creativity and CPAs don’t generally go together. Most people think of CPAs as nerdy accountants who can’t talk with people. Well, it’s time to break that stereotype. Lively, friendly, and knowledgeable can be a part of your relationship with your CPA, as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. They’ve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.
