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#421 "Tax and Legal Planning: Debunking FAQs and Misconceptions"

Main Street Business

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How to Save Taxes on Credit Card Debt

If you have a credit card, I don't care if it's in your name. If you use that credit card for a business expense, it's going to be a write off. And any profits you take out of the business are separate. Now, Aoba here, with this common question on our Main Street podcast page, said, well, I want the business to reimburse me. We've got one here on our open forum, main street page. What do I do about my credit cards and the expenses I incurred for my business there? It's really that easy. Just keep all your business expenses, no matter where you incur them and say, please book them as they are

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