- Centurion Member
- Posts: 1468
- Joined: Tue Jul 31, 2012 12:20 pm
- Location: United States
I'm a lawyer, not an accountant.
That said, it should be subtracted from gross revenue in your calculation of net. This year will be the first in which I'll be charged a fee on a business card, if I keep the Bold. I have no business revenue - I joined a firm on January 1 - but I keep the LLC open anyway. I plan to deduct the annual report fee and any credit card fees on my return, even if it means I show negative revenue.
I guess I could request that I get paid through the LLC, but the IRS probably wouldn't like that.
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]