How do I deduct are credit card fees tax deductible for businesses on my taxes?

Credit card fees are deductible when they are directly related to business transactions. This includes fees for processing customer payments, annual fees on business credit cards, and interest on business-related purchases. However, fees on personal credit cards or personal transactions are not deductible. For example, if a business owner uses a credit card to purchase office supplies, the associated processing fees can be deducted. Conversely, if the credit card is used for personal expenses, those fees cannot be deducted. It's important to ensure that the credit card is used exclusively for business purposes to claim these deductions.