Posted by RR Smithf on February 16, 2000 at 18:03:52:
IF the credit card is based on a HOME EQUITY LINE OF CREDIT then you could. Anything that is a COST should be deductable as a COST of doing business, so the short answer is yes. Please don’t ask me where and which form it is deductable on. The IRS does not want to tax you on money that you spend running your business (ie business expenses). That would be like killing the goose that layed the golden eggs.