ACH processing fees

[danielle-51]

We pay most of our vendors through Quickbooks using ACH direct deposits, and sometimes I upgrade the payment speed from 3 business days to 1,  which is always a 1% fee. Is this fee tax deductible like credit card processing fees?

[rjs · Accepted solution]

If you are making payments for your business, yes, the ACH fees are deductible as a business expense.