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Are GFGs fees tax deductible?

April 26, 2017deductible fees gfg tax

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Are GFGs fees tax deductible?

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Generally, yes. The Internal Revenue Code permits an itemized deduction for tax and/or investment advice in the miscellaneous section of Schedule A. It is subject to a 2% floor of the adjusted gross income on a personal tax return. Please see your tax advisor for further information.