most likely that is what i will end up doing come the end of the year, but i want to make sure that i have everything set up properly now so that i don't screw myself come january. Are there major tax consequences if i do not set up a business checking account to run my income through?

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83 300SD.......sold
96 integra SE....sold
99 a4 quattro....sold
2001 IS300.......sold
2002 330i.........current.
2004 highlander limited....current.