Definitely keep business and personal accounts separate,
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to clarify "dangerous" what sambou means is 1) avoid IRS suspicion and potential future issues and 2) limitation of liability in the event of lawsuits
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I am getting ready to start a counseling private practice. I already have my DBA and I am considering how I should separate my business and personal accounts. I have been shopping business checking accounts at different banks, but a friend asked the question: "Why couldn't you just open a separate personal account since your DBA is your name?"
So I'm posing that question to you.
Thanks in advance,
The Cajun Counselor
Well mixing up your personal expenses with your business expenses always create problem for you and for your business too. Just to avoid this problem its strictly need to open your own personal account and all the personal expenses should be done form that not from your business account.