If you have a loan that is being used for business purposes, you are only able to deduct the "interest" paid on that loan.
Zero percent loans are great, but unfortunately, no tax deductions are available for them.
If you have a loan that is being used for business purposes, you are only able to deduct the "interest" paid on that loan.
Zero percent loans are great, but unfortunately, no tax deductions are available for them.
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