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April 3, 2020
Question

Is this considered a tax preparation i mean i have to pay for it so can i claim it as a deduction?

  • April 3, 2020
  • 1 reply
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1 reply

April 3, 2020

You are correct, an expense must be paid before it can be deductible on a tax return.

 

In some cases, tax preparation may be claimed as an ordinary and necessary business expense. 

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