Here’s a deduction many self-employed taxpayers miss: business-related tax prep fees.

If you file a Schedule C, E, or F, the portion of your tax preparation fees connected to the business part of your return can be deducted as a business expense. For example, if your preparer spends time preparing your personal return and your business return, the fees can be split. The business portion then becomes deductible on your 2025 tax return. The key is asking your preparer to itemize or allocate the costs. It’s a simple question that can make a difference in lowering your taxable income. If you’re self-employed, every deduction matters—don’t overlook this one.