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June 21, 2022
Question

What are professional fees? is it another way of saying net income?

  • June 21, 2022
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    1 reply

    June 22, 2022

    As per CRA: Professional fees (includes legal and accounting fees) Deduct the fees you incurred for external professional advice or services, including consulting fees. You can deduct accounting and legal fees you incur to get advice and help with keeping your records.

     

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