May Who's Who listing fees be taken as a business deduction?

tomsicoli · ‎June 3, 2019

The taxpayer is a psychologist and has been chosen for Who's Who. Can the fees be deducted as a business expense?

AlanT · ‎June 3, 2019

Yes, if the Taxpayer is self-employed. You could classify the fee as dues/subscriptions or advertising, as Who's Who is advertising for the Taxpayer's business.

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AlanT · ‎June 3, 2019

Yes, if the Taxpayer is self-employed. You could classify the fee as dues/subscriptions or advertising, as Who's Who is advertising for the Taxpayer's business.

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May Who's Who listing fees be taken as a business deduction?