FlyerTalk Forums - View Single Post - Try to Use $300 Platnium Fee as a Deduction (Unreimb. Business Expense)
Old Jan 10, 2002, 6:25 pm
  #9  
juanvaldez
 
Join Date: May 2001
Location: San José, California
Posts: 792
I think you can deduct this expense. It is common practice for businesses to have corporate cards. If there is a charge for such a card, so be it, you should be able to deduct it since it is a business expense.

The IRS should not tell you that you can get the Discover Card instead and not pay charges.

My rationale is this: you can take a business expense deduction on your office space. If you are in Manhattan, this will cost you much more than office space in Arkansas. As a result, your deduction for doing business in Manhattan will be higher. The IRS will not challenge your deduction and tell you to move to Arkansas....

I believe that if you demonstrate that most of the charges on the account are for business, then you're good.
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