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Can you use a business credit card for personal expenses? - MSNSince business expenses are generally tax-deductible, keeping a wall between personal and business expenses makes it that much easier during tax time — and even more so if the government ever ...
Business owners often establish limited liability corporations to protect their personal assets, but using a personal credit card for business expenses blurs the lines on protections.
That means you can deduct all of the expenses that any other small business owner is allowed to. Unlike deductions mentioned above for W-2 employees, these deductions are claimed on your business ...
Most SBA loans allow you to borrow up to $5 million for business expenses. Most personal loan lenders will approve you for up to $100,000. When might it make sense to apply for a small business loan?
If you’re putting your business expenses on your existing personal credit card, you can’t take advantage of a new cardholder offer. Best Business Credit Cards 2025.
Technically speaking, a personal credit card can be used for business expenses, and many small business owners do. But that doesn't necessarily mean they should. While there's no law preventing ...
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