Can I deduct are credit card processing fees tax deductible?
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Credit card processing fees can be deducted as a business expense if they are incurred in the course of running a business. This includes fees charged by credit card companies for processing customer payments. However, personal credit card fees are not deductible. For example, if a small business owner pays a 2% fee for each transaction processed through a credit card, these fees can be deducted from their business income.