How many bank accounts can one person have?
A limited liability company (LLC) should maintain at least one dedicated business bank account that is kept completely separate from personal funds to preserve legal liability protections and corporate veil integrity. Many small business owners choose to open additional accounts—such as a secondary reserve account for taxes, a separate payroll account, or a high-yield savings buffer for working capital. Maintaining absolute separation between business revenues and personal spending is vital for accurate bookkeeping, clean tax preparation, and sound financial management.