(ERC) 3rd Party Contingent Fees Deductibility
View More DetailsI'm having trouble finding an authoritative source regarding the deductibility of third-party contingent fees for assisting in the application process to claim the employee retention credit. Specifically, are the contingency fees charged by a third-party for processing the ERC deductible for CA?
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Did you find any authoritative sources that state those fees are NOT deductible in CA?
No, with all the information released by the FTB over the past few years regarding the ERC I assumed they would have provided guidance, but I'm not finding it.
California conforms to deductitons for tax and accounting fees. See r&tc secs R&TC secs.24343 and 17024,5 and spidell's eplanatiton of nonconformity by searching taxletters and analysis and explanation of California taxes.
