@gkumar85 wrote:
As per my CPA, we cannot deduct.
Just out of sheer curiosity, does your CPA have a cite to authority (Internal Revenue Code, Treasury Regulations, IRS rules, etc.) that states the fees are not deductible? I am not trying to be argumentative and could very well be wrong on this score.
Generally, however, all that is necessary for a deduction is that the expense be ordinary and necessary and related to running your business; fairly flexible language.
Note that there is a difference between a business expense incurred in the ordinary course of business and an expense incurred as an employee (or an expense incurred by a job applicant).
