TAX QUESTIONS? YOU ASK LAH!

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Q: If I use digital advertisement to promote my business and I outsource it to an advertising agency to help my company to manage the advertisement, they have charged my company a retainer fee, is the fee tax deductible? 

A: If they are managing your advertisement and this advertisement is helping to promote your business which is in the production of gross income, then the fee is tax deductible. 

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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