Can you write off 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 your business. These fees are considered ordinary and necessary expenses under IRS guidelines. For example, if you run a small online store and pay a percentage of each sale to a payment processor like PayPal or Stripe, these fees are deductible. However, fees related to personal transactions or non-business activities are not deductible. It's important to ensure that the fees are directly tied to your business operations and properly documented.

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