Is are stripe fees tax deductible a business expense?

Stripe fees, like other payment processing fees, are deductible as they are considered ordinary and necessary expenses under IRS guidelines. These fees are incurred as part of the cost of doing business, especially for those who sell products or services online. However, if the fees are associated with personal transactions, they are not deductible. For example, if a freelancer uses Stripe to process payments for client work, the fees associated with those transactions are deductible. Conversely, if Stripe is used for personal transactions, those fees cannot be deducted. There are no percentage limits or business-use requirements specific to this deduction, but the fees must be directly related to business activities.