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Annual Fees. Although many personal credit cards also charge an annual fee, if the charges made are not related to business, the annual fees are not tax deductible. This tax deduction may help you justify the cost of a credit card with a large annual fee and allow you and your business to enjoy the benefits and perks of one of these top tier credit cards.Can credit card companies take your tax return?
A Judgement Creditor Other Than an IRS Judgement Cannot Directly Intercept a Tax Refund. Individual and private creditors, including credit card companies, do not have the right to directly claim your refund. However, once the money hits your bank account, your state law may allow a private judgement creditor to garnish it.