According to a CreditCards.com poll, small business cardholders are looking for rewards, with cash back being the most favored type of reward. For the most part, they’re not using cards to finance purchases. The credit card to select is the one that provides the best rewards related to where the business spends money (e.g., travel expense).
NOTE: See updated blog post, IRS-Provided Tax Relief Related to the Coronavirus
Alert: Follow coronavirus-related federal tax changes through the IRS’ Coronavirus Tax Relief center.