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🛑Stop Paying Full Taxes Without This Trick-Charge Expenses & Write Off CC/Auto Interest B4 Midnight!

Name: 🛑Stop Paying Full Taxes Without This Trick-Charge Expenses & Write Off CC/Auto Interest B4 Midnight!
Uploaded: 2025-12-30T00:38:43+00:00
Duration: 40 s
Channel: Loma Risper
Description: Small-business owners can deduct credit card charges made before year-end even if paid later. You can also write off the business portion of credit card…

30 Dec 2025 · 1 min

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Small-business owners can deduct credit card charges made before year-end even if paid later. You can also write off the business portion of credit card interest on Schedule C line 16B, and deduct business auto-loan interest if you claim mileage.

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Got last-minute business expenses but don't want to drain your cash right now? If you swipe that credit card today, it counts as a write-off for this year, even if you don't pay the bill until next year. But here's a secret most people miss: you can also write off the business portion of the interest you paid all year long. Just figure out the percentage you used the card for business, multiply that by your total interest paid, and boom, that's your deduction. If you file a Schedule C, drop that number right on line 16B. Bonus tip: If you claim mileage on your car and you're still paying a car note, you can write off the business portion of that loan interest too. Put that interest in your vehicle expense section. Have a happy and profitable new year. Book a consultation at LomaRispa.com if you need help.