The client is self employed and has established his own bookkeeping and payroll business. He decides he would like to become a CPA. He believes this d
|
The client is self employed and has established his own bookkeeping and payroll business. He decides he would like to become a CPA. He believes this designation will grow his business by allowing him to offer a larger variety of accounting services such as tax consultations. So, he takes a CPA review course online in preparation for the exam. Can Doug deduct the cost of that course ($3,000) on his 2021 personal income tax return? what is the analysis?
|