Can I deduct are credit card fees tax deductible?

Credit card fees, such as annual fees, late fees, or transaction fees, can be deducted if they are directly related to business expenses. For example, if you use a credit card to purchase supplies for your business, the associated fees can be deducted as a business expense. However, fees incurred on personal purchases are not deductible. It's important to distinguish between personal and business expenses, especially if you use the same credit card for both. Business credit card fees are considered a part of the cost of doing business and fall under ordinary and necessary expenses as per IRS guidelines.