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Can you deduct credit card interest for business?

Brex reports that U.S. businesses can deduct credit card interest on legitimate expenses, unlike personal card interest, enhancing tax savings.

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If you run a business and carry a balance on your credit card, here’s something worth knowing. The interest you’re paying might actually reduce your tax bill. In the United States, credit card interest can be tax… [14421 chars]

Source: ABC17News.com | Published: 2026-01-26T17:39:41Z

Credit: ABC17News.com

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