Question

We operate our business as an S corporation and specialize in flipping houses. We’ve done pretty well over the years.

My spouse and I want to attend a $35,000 ($70,000) three-day, in-person training event that we think will help us do even better. Despite its high cost, the outfit putting on this program is not accredited, as (for example) Harvard University is.

Our tax pro worries that the high cost will trigger an audit. Also, he thinks we should amortize the ... Log in to view full article.