Individual – As an individual, you are considered a for-profit legal entity, and taxed as such. Many times individuals will use there own accounts for business expenses, and it can actually be a huge processes to go back through individual finances and separate out business costs from personal costs. Overall it is possible to use your personal tax id and your personal bank accounts for all types of business transaction and business activities, but you will be taxed as an individual. It is very simple to open a new personal bank account that you use exclusively for business related transactions, as opposed to simply using your existing personal account for everyday expenses. We have Support and services for personal banking related to business or projects, but it will be on a per cases basis, and may come with a fee depending on what you need. Also we can help with personal taxes, but it would also be an add on service, but if your personal finances are interconnected with your projects, companies, and or public goals, then it makes sense to include some or all of your personal finances with your overall finance planning. A simple example of this is an individual investing in their own business over an over again, where you are using your individual finances as an investment or donor pool, therefore that would make it an integral part of your overall financial planning to the stability of your project. This is also the same as using a “Joint” Account with an other person, you are simply having two individuals oversee the account instead of one, but they are still attached to your personal social Security number. Individual financial support needs to be customized, and we can even help with individual taxes, so please contact us if you need support.