No
I think it was about 1986...the Regan years...that the law was changed and interest that wasn't part of a mortgage stopped being deductible.
Is there a way to write off credit card interest on corparation credit card?
Presuming it is a deductible expense, they are reportable when paid by the credit card, or any other method.
you meant you want to buy an eqipment in 2009 but want to deduct as 2010 expense Is that workable in tax laws How to go about doing it
Yes - if you used the company credit card, you are liable to repay the amount you spent ! The employer can recover that directly from your wages.
No, credit card interest cannot be deducted as a business expense.
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I think it was about 1986...the Regan years...that the law was changed and interest that wasn't part of a mortgage stopped being deductible.
Is there a way to write off credit card interest on corparation credit card?
You can find out your credit card interest rate by checking your monthly credit card statement or by contacting your credit card issuer directly.
Presuming it is a deductible expense, they are reportable when paid by the credit card, or any other method.
The interest rate on this credit card is fixed.
To find out your credit card interest rate, you can check your most recent credit card statement or contact your credit card issuer directly.
The advantages of having a credit card with an interest rate is it helps build one's credit faster. The higher the interest rate of the credit card, the higher the credit score.
The interest on an express credit card is 8.7%. They are not a very good alternative to a regular credit card such as a visa or mastercard because the interest is very high.
The lowest credit card interest rate at the moment is 7.8%. The credit card that offers 7.8% is Sainsbury's Nectar Low Rate Credit Card. One can find low interest credit cards from the Money Supermarket website.
The interest rates on a HSBC credit card can vary, depending on your credit rating. The rates on the HSBC credit card can range from, 11.99% - 18.99%.