Deducting Tax Preparation Fees in New York
What if you could save money at tax time by using a qualified tax preparer? The qualified preparer would be able to deduct those fees on your behalf and the amount could be deducted as an ordinary and necessary business expense. But are you allowed to deduct tax preparation fees as a New York taxpayer? Let’s find out. What Are Tax Preparation Fees? Tax preparation fees are fees that must be paid to have your taxes prepared and filed by an accountant, attorney, enrolled agent, or any other qualified tax preparer.
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https://www.ascpa.tax/tax-preparer-new-york-ny/
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