Can I write off tax preparation fees?
Business Expensesfreelancerssmall businessself-employedtax
As of the Tax Cuts and Jobs Act of 2017, individuals cannot deduct tax preparation fees as a miscellaneous itemized deduction. However, if you are self-employed, you may deduct the portion of tax preparation fees related to your business on Schedule C. For example, if your tax preparer charges you $500 and estimates that 30% of the work was related to your business, you can deduct $150 as a business expense.