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Tuesday, Dec. 27

Expenses – Accounting and Legal Fees, #113

This tax brief discusses the deduction of fees paid for professional services under accounting and legal services fees.

Whether you decide to do business as an entrepreneur, partnership or corporation, you will in the course of setting up your business or in the course of running your business incur professional services expenses. There are different ways to deduct, expense or capitalize such fees or expenses to your best advantage. …

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