Hi, I have a small business, very small, I am a floral designer and event planner, I’m only doing about 8-15 weddings a year rite now, will grow in the future. I am DBA and have my tax ID number. I am hoping to open a new checking account to keep these funds apart from normal household funds, just to keep track.

If I open a small business account, does this affect how my taxes are filed? I live in Michigan if that helps.

the checking acct is irrelevant.Just make sure you claim all the income on a schedule C with your 1040