How do I deduct are tax preparation fees deductible on my taxes?

Prior to the TCJA, tax preparation fees were deductible as a miscellaneous itemized deduction, subject to a 2% of adjusted gross income (AGI) floor. However, the TCJA suspended these deductions for individuals. Businesses, including self-employed individuals, can still deduct tax preparation fees as a business expense. For example, a sole proprietor can deduct the portion of tax preparation fees related to their business on Schedule C.