Credit Tips: Credit Card Fees Are Tax Deductible

Posted On: July 6, 2006

Author: mouse
Posted: Thu Jul 06, 2006 4:30 pm
Post subject:

BUT TRUE FACT

CREDIT CARD FEES are tax deductable just like…

PHONE
GAS
WATER
TRASH
ELECTRIC
SEWER
ETC

COST OF DOING BUSINESS

I (personally) go to a business BECAUSE they take credit cards!!!

NO CREDIT CARDS = NO SALE

Author: usmsci
Posted: Tue Jul 11, 2006 9:33 am
Post subject: Re: Tired of Paying High Fees to Accept Plastic? Speak out!

Quote:

CREDIT CARD FEES are tax deductable just like…

PHONE
GAS
WATER
TRASH
ELECTRIC
SEWER
ETC

COST OF DOING BUSINESS

I (personally) go to a business BECAUSE they take credit cards!!!

NO CREDIT CARDS = NO SALE[/b]

is that for personal use or business use? i never knew you could deduct taxable income with water, electric etc etc..i dont remember seeing it online when i filed last year anyway..

Author: mouse
Posted: Tue Jul 11, 2006 12:03 pm
Post subject:

usmsci

“COST OF DOING BUSINESS”

^^^^^^^^^^^

ANSWER ABOVE

DID I SAY ANYTHING ABOUT PERSONAL???

THE BUSINESS WRITES OFF EXPENSES AGAINST PROFIT

**P&L**

PHONE
GAS
WATER
TRASH
ELECTRIC
SEWER
AND CREDIT CARD PROCESSING FEES