Is Continuing Education Tax Deductible for Your Business?

Yes, continuing education is generally tax deductible for self-employed individuals, freelancers, and small business owners. The IRS allows you to deduct ordinary and necessary business expenses, and continuing education typically qualifies when used for legitimate business purposes.

Key Rules for Deducting Continuing Education

Costs to maintain professional licenses (CPA, Bar, Medical Board, PE) and required Continuing Education credits (CLE, CME, CPE) are deductible.

Requirements to Claim This Deduction

• Must be required for license maintenance
• Keep renewal notices and receipts

How to Document Continuing Education for Tax Purposes

Proper documentation is critical for any business deduction. For continuing education, you should:

• Keep all receipts and invoices showing the amount paid
• Record the date of the expense and the business purpose
• If mixed-use, maintain a log showing business vs. personal usage
• Store records for at least 3 years (7 years for major purchases)

Source: IRS Publication 529. This information is for educational purposes only. Consult a qualified tax professional for advice specific to your situation.