Every dollar in goes to the LLC's bank account.
Personal Venmo, personal Zelle, personal Chase — all wrong. If money flows to "Michael Imbriale" instead of "Next Level Caddie LLC,"
the corporate veil leaks and the tax reconciliation becomes painful or impossible.
- Square: verify deposit account is the LLC's checking. Not personal.
- Venmo: use Venmo Business linked to the LLC. Not personal Venmo.
- Cash: deposit to the LLC bank the same day. Log it in your bookkeeping.