Credit Card Used For Business, Tax Deductable?
Quick question. If I use a credit card just for business purposes only, I can deduct that interest from my income for taxes that I pay on that credit card can't I, as long as it is for business use only? Thanks.
In a word, Absolutely!
You have to be careflu that you don't "pierce the vail" of your entity. You don't want to mix personal with business expenses!
Good Luck!
[addsig]
That is what I thought but someone was doubting me, so I started to doubt myself. Thanks, now I feel better that I was right. :-D