What measurable business accomplishment have you delivered that separates you from others
No. You can not do your business taxes separate from your regular job. There are ways to do business taxes separate from a regular job, but since you need to ask, your business is not set up that way.
the accounting concept that separate the personal account from the business account is business separate entity concept
Unless you're operating your small business as a sole proprietorship or general partnership, you need to demonstrate that the business is separate from the owners.
In business books of accounts only business transactions are recorded as per Entity concept of accounting business owners and business accounts are two separate entities and two separate entities cannot show transactions in same books of accounts.
The Separate Entity Assumption states that business transactions are separate from the transactions of the owners. As an example, if the owner purchased an asset for personal use, the property is not an asset of the business.
Business Entity Concept
Confindementship
Confindementship
It is important to keep business and personal calls separate depending on the size of the business and the call volume for the type of service offered. In most cases home business are small enough that separate lines are unnecessary. In other cases the business may be completely "call dependent". In the case of a call dependent business, a dedicated line is necessary to separate business and personal calls.
A business organized as a separate legal entity owned by stockholders is a partnership.
You can separate your business credit from your personal credit by registering your business as a completely separate entity from your personal credit. One of the best ways to do this is by registering to receive a D&B D-U-N-S® Number for your business, and leveraging your business credit using that number. For more information, visit the related links.
A division business is the separate parts in which an organization is divided. An example of a divided business is Hewlett Packard.