GetawaysRus
Level 2 Member
From USA Today:
http://www.usatoday.com/story/money/personalfinance/2017/01/09/5-business-credit-card-fees-tax-deductible/96182384/
A short excerpt:
Annual fees on a business card are tax deductible. This may be a great way to justify getting that card with the steep annual fee that also has amazing rewards. Yes, you can write it off, but keep in mind that the primary use of the card needs to be for business purposes and not for personal use.
Also:
Swipe fees
As a business owner, you pay the credit card company every time someone uses their card to pay you. These are always business-related expenses and fully tax deductible.
http://www.usatoday.com/story/money/personalfinance/2017/01/09/5-business-credit-card-fees-tax-deductible/96182384/
A short excerpt:
Annual fees on a business card are tax deductible. This may be a great way to justify getting that card with the steep annual fee that also has amazing rewards. Yes, you can write it off, but keep in mind that the primary use of the card needs to be for business purposes and not for personal use.
Also:
Swipe fees
As a business owner, you pay the credit card company every time someone uses their card to pay you. These are always business-related expenses and fully tax deductible.