If Credit Card Interest Gets Capped at 10% — 3 Tax Moves Salon & Barbershop Owners Should Make скачать в хорошем качестве

If Credit Card Interest Gets Capped at 10% — 3 Tax Moves Salon & Barbershop Owners Should Make

Are you a hair professional or beauty business owner and want to file your taxes with HairCEO? If so, reserve your tax spot → https://www.thehairceo.com/temp-tax-r... Get 400+ Tax Deductions for the Hair Industry → https://www.thehairceo.com/tax-deduct... Today, January 10, 2026, Donald Trump announced a proposal calling for a 10% cap on credit card interest rates. While nothing has been finalized and there’s no timeline, this type of proposal can still impact how lenders, banks, and credit card companies operate. In this live, I break down what business owners need to understand from a tax perspective — and how to prepare if something like this comes to fruition. We’ll cover: Why 2026 could be a strategic year to pay down credit card debt When business expenses charged to personal credit cards are still tax deductible How credit card interest may be deductible when the card is used strictly for business expenses (and when it’s not) This is not political commentary — it’s about preparation, structure, and smart tax planning for self-employed business owners. If you’re running a business and relying on credit cards to manage cash flow, this conversation is for you. Disclaimer: This video is for educational purposes only and is not intended to provide tax, legal, or accounting advice. Every business situation is different. For advice specific to your business, please consult with a qualified or licensed tax professional.