This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: AmEx Pitched Business Customers a Tax Break That Doesn’t Add Up
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > AmEx Pitched Business Customers a Tax Break That Doesn’t Add Up
Markets

AmEx Pitched Business Customers a Tax Break That Doesn’t Add Up

Editorial Board Published November 22, 2021
Share
AmEx Pitched Business Customers a Tax Break That Doesn’t Add Up
SHARE

The pitch went out to eye doctors, McDonald’s Corp. franchisees and payroll companies: “Reduce your taxable income burden to Uncle Sam.”

In phone calls, emails and in-person meetings with thousands of business owners, American Express Co. salespeople laid out the strategy. Use AmEx to pay your employees and suppliers, they said. You’ll have to pay a fee, but you’ll come out ahead. That’s because you can earn rewards on the transaction that can be converted into untaxed cash, while also deducting the transaction fees for tax purposes.

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article JPMorgan’s Jamie Dimon and Tesla’s Elon Musk Feud Behind the Scenes JPMorgan’s Jamie Dimon and Tesla’s Elon Musk Feud Behind the Scenes
Next Article China Is Expanding Its Effort to Launch Weapons From Hypersonic Missiles China Is Expanding Its Effort to Launch Weapons From Hypersonic Missiles

Editor's Pick

JPMorgan unveils its 2025 summer season studying record

JPMorgan unveils its 2025 summer season studying record

JPMorgan Chase Chairman and CEO Jamie Dimon on the significance of management abilities, deregulation coverage, power independence and the Federal…

By Editorial Board 4 Min Read
Man shot and killed on one hundredth Avenue in Oakland on Saturday
Man shot and killed on one hundredth Avenue in Oakland on Saturday

Oakland police are investigating the loss of life of a person, 34,…

1 Min Read
Japan to Start Medical Trials for Synthetic Blood This 12 months
Japan to Start Medical Trials for Synthetic Blood This 12 months

credit score – Adrian Sulyok on Unsplash Japan is the primary nation…

4 Min Read

Oponion

Boeing Forecasts Passenger and Cargo Wants of China’s Aviation Business

Boeing Forecasts Passenger and Cargo Wants of China’s Aviation Business

Darkish/Mild Mode(27/08/24) Boeing has forecast that China will extra thandouble its…

October 19, 2024

New York City Penthouse in Jean Nouvel-Designed Building to List for $25 Million

A New York City penthouse in…

October 28, 2021

Mortgage charges rise for 1st time in weeks, Freddie Mac says

'Making Cash' host Charles Payne discusses…

May 15, 2025

Powell Says Supply-Side Constraints Have Worsened, Creating More Inflation Risk

Federal Reserve Chairman Jerome Powell indicated…

October 22, 2021

‘Poison in Yamuna’: BJP & Congress vs AAP over Arvind Kejriwal’s comment, Haryana CM warns of authorized motion | India Information

NEW DELHI: The disagreement over Yamuna…

January 28, 2025

You Might Also Like

Elon Musk’s return drives Tesla inventory surge in Might
Markets

Elon Musk’s return drives Tesla inventory surge in Might

As President Donald Trump thanked Elon Musk for his service to DOGE, he additionally highlighted what he described as his…

5 Min Read
EV tax credit score elimination: What it may imply for Tesla and the US auto trade if it ends
Markets

EV tax credit score elimination: What it may imply for Tesla and the US auto trade if it ends

Automotive knowledgeable Lauren Repair mentioned discusses the affect that the One Huge Lovely Invoice Act may have on Tesla. The…

5 Min Read
Boeing paying .1B as DOJ dismisses prison fraud case; households of victims in crashes set to object to deal
Markets

Boeing paying $1.1B as DOJ dismisses prison fraud case; households of victims in crashes set to object to deal

President Donald Trump chosen the aerospace large to construct the Subsequent-Era Air Dominance Platform, which he mentioned would be the…

5 Min Read
GM CEO backs Trump’s auto tariffs as a device to assist US producers
Markets

GM CEO backs Trump’s auto tariffs as a device to assist US producers

Basic Motors Chair and CEO Mary Barra discusses the impact of auto tariffs and constructing the enterprise on 'The Claman…

5 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?