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Is the Cost of Tax Preparation Software Deductible?

Forums › ACCA Forums › General ACCA Forums › Is the Cost of Tax Preparation Software Deductible?

  • This topic has 0 replies, 1 voice, and was last updated 12 years ago by gregoryssimp.
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  • March 19, 2013 at 7:14 am #120057
    gregoryssimp
    Member
    • Topics: 9
    • Replies: 1
    • ☆

    Hello friends,

    Deductions help to lower your annual taxable gross income, thereby reducing the amount you have to pay in tax. Software packages can help you to identify as many deductions as possible so that you can save as much money as possible. Fortunately, the software package itself is also tax deductible. Make sure you fill out your tax form correctly so that you pay deduct your tax preparation software.

    Thanks a lot
    Gregorys simp

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