Is continuing education expenses a business expense?

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Continuing education expenses are deductible if they are necessary to maintain or improve skills required in your current trade or business, or if they are required by law or regulations for maintaining your professional status. However, they are not deductible if they are needed to meet the minimum educational requirements of your present trade or business, or if they qualify you for a new trade or business. For example, a lawyer attending a seminar to stay updated on new laws can deduct the expense, but a teacher taking courses to become a lawyer cannot.

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