If you own a small business or have a side hustle, find out why it’s worth opening a business bank account and a business credit card. Business bank accounts may offer features that you can’t get in a ...
Brex reports on applying for a business credit card, highlighting benefits like expense management, credit building, and ...
I won’t belabour the point: yes, I think your small business should have a cash back credit card. With Omicron reversing small business recovery, and supply shortages continuing to plague inventory, ...
Business credit card vs. personal credit card: 8 key differences to know Running a business means making countless financial decisions, and choosing when to use a business credit card instead of a ...
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Business credit cards vs. personal credit cards
Business credit cards offer unique benefits such as the ability to build business credit and better access to record-keeping tools and employee spending tracking. Personal credit cards allow you to ...
Business lines of credit and credit cards both offer flexible spending, but they are best suited for different borrowers. A business line of credit typically has a lower interest rate and higher limit ...
Business credit cards can be ideal for day-to-day expenses, while a business loan might provide funding for expansion ...
Credit card interest can be tax deductible but not just anyone can do it. Interest paid on personal purchases, for instance, is not deductible and hasn't been since the Tax Reform Act of 1986.
Business credit card rewards are not considered income, which means they are not taxable. Instead, credit card rewards are considered rebates on items you purchased with a credit card. If you’re ...
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Are business credit card rewards taxable?
In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...
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