Goodness
Level 1
03-21-2019
02:07 PM
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On business returns and/or Schedule C, is it true we cannot expense "tax preperation" as an item in the expenses? Part of accounting is the tax preparation as well.
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MBA_CA
Level 3
03-21-2019
02:12 PM
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No, that's only for Schedule A. Tax prep cost is still deductible on business returns.
Goodness
Level 1
03-21-2019
02:15 PM
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Thank you!
Janey
Level 2
03-21-2019
02:28 PM
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Tax prep is till an expense on a sch C. I put it under legal and professional