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Are business credit card payments tax deductible?
Are business credit card payments tax deductible On a table with sunlight. Are business credit card payments tax deductible

June 9, 2025

Yes, some business credit card payments are tax deductible, but not in the way most people think. You can’t deduct the full amount you pay to your credit card company. What you can deduct are the actual business expenses charged to the card, like travel, supplies, or software. Interest payments, annual fees, and certain service charges may also be deductible, depending on how the card is use...


5 Reasons Why You Absolutely Must Pay More than the Minimum Due Each Month

December 27, 2016

Admit it – one of the reasons why you love your credit card so much is that it allows you to purchase items that you probably don’t have the money to buy today ... and defer payment to sometime in the near (or distant!) future. Let’s say you go to an electronics store to purchase a replacement for your kitchen refrigerator bulb. However, while you’re there, your attent...


In What Order Should You Pay Off Debt?

October 5, 2015

Credit card debt is at its highest level in six years. The average credit card balance among households with debt stands at nearly $16,000. Everyone who is weighed down by debt wants to get out of it; however, this can prove to be a daunting task. The more debts you have, the more daunting this task can become, which is why some people opt for a debt consolidation loan, which consolidates some or ...


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