Is it deductible?

Are accounting and tax prep fees tax deductible?

The business part is. Bookkeeping and preparing your Schedule C are deductible; the part of the bill for your personal return is not.

The rule

Fees for bookkeeping, business tax advice and preparing the business schedules of your return are business expenses. Ask your preparer to split the invoice, or split it yourself by how much of the work was the business.

Legal fees for the business, contracts, collections, forming the LLC, are deductible the same way. Tax software counts by the same split.

The personal part of preparing your return isn’t deductible anywhere for most people.

Of a $600 bill for your return, the $450 for the Schedule C is deductible.

Park & Co CPAs
Legal and professional, business share of the return on Apr 2
$600.00
$162 back

Priced at 36¢ on the dollar, the rate of a $95,000 sole proprietor in California. Work out yours.

Where it goes
Schedule C line 17, legal and professional services
What to keep
The invoice, split between business and personal.

Checked on September 25, 2026 against Instructions for Schedule C and Publication 334, Tax Guide for Small Business. An estimate for your records, not tax advice.

See it on every receipt.

Snap it and Reimburse files it on the right Schedule C line, takes the deductible share and shows what it puts back.