Credit card interest is not tax-deductible for personal expenses. The government stopped allowing a tax deduction for credit card interest with the Tax Reform Act of 1986. Interest on student loans, ...
In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...
As a freelance personal finance writer since 2008, Jason has contributed to over 100 outlets including Forbes, USA Today, Newsweek, Time, U.S. News, Money.com and NerdWallet. As an industry leader, ...
Using a tax refund to pay down high-interest credit card debt can save you money and improve your credit. Making a plan for all of your cash windfalls, including tax refunds, can help you maximize ...
The government stopped allowing a tax deduction for credit card interest with the Tax Reform Act of 1986. Interest on student loans, mortgages, home equity loans and business expenses are still ...
Find out if you can get a valuable tax write-off when you carry a balance on your card. Everyone likes to get a break on their income taxes. Because some of the most popular tax deductions involve ...
Fees related to personal credit cards are generally not tax deductible. If you use a card for business purposes, you can ...