Ask an Accountant
A free tool by
Question
Are business checking account service fees tax deductible?
AI accountant’s answer:
Yes, account service fees for your business checking account are deductible. In fact, any bank fee you incur to use or maintain your business bank account is generally tax deductible. And if you use your personal account for business, a portion of those fees will be deductible. But consider opening a business bank account to keep your business money separate from your personal money.
No answer given yet!
Answer
Yes, account service fees for your business checking account are deductible. In fact, any bank fee you incur to use or maintain your business bank account is generally tax deductible. And if you use your personal account for business, a portion of those fees will be deductible. But consider opening a business bank account to keep your business money separate from your personal money.
No answer given yet!
Melissa Pedigo, CPA
No items found.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Oops! Something went wrong while submitting the form.
Track and claim every eligible deduction with Keeper
Keeper is the top-rated all-in-one business expense tracker, tax filing service, and personal accountant.
0
Keeper users have found write-offs worth
$
0
0
Keeper users have found write-offs worth
$
0