From the Archives: Handling Franchise Fees on a Tax Return
It’s a holiday week so I’m re-publishing popular blog posts from the past. This post from 2015 talks about dealing with franchise fees. —– Originally published February 16, 2015 Scenario: client is a sole proprietor. They enter into a small ($5,000), 5-year franchise agreement. The client is paying the $5,000 over a 24-month period. The […]