answersLogoWhite

0

What are professional fees?

Updated: 8/19/2019
User Avatar

Wiki User

12y ago

Best Answer

Any fee that someone in a profession charges to give their goods or services.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are professional fees?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the journal entry for revenue received from professional fees?

cash a/c debit fees a/c credit


Journal entry for revenue received from professional fees?

debit cashcredit professional fee revenue


What is unearned fees?

These are fees received but not yet earned, such as professional fees from clients. Unearned fees is classified as a current liability on a company's balance sheet, assuming that it will be credited within the normal accounting cycle.


How are debt collectors fees treated when preparing a cash budget?

Frequently they will be classed as professional fees similar to those for accounts and legal teams


When determining professional fees what three VALUES are considered?

usual,customary,reasonable


Who is a professional when referring to the exclusion under a commercial general liability policy for professional fees?

The "Professional",, would be the person or entity "Insured" under the contract.


Is there a cost to take a professional engineers exam?

Yes, like most other exams in the professional field there are fees involved. http://www.testmasters.com/faq-pe.html gives the specific fees and dates of the test and answer many frequently asked questions about the test.


When a company successfully defends the patent in extended litigation - what is the proper way to account for the cost?

It is considered an expense on the Income Statement, which should be allocated to "Professional Fees" or "Accounting and Legal Fees"


Is there such thing as bankruptcy class ?

According to the allegations underlying the class action complaint, plaintiffs have home loans that are held or serviced by Wells Fargo Bank, and they allege that the Bank charged, or charged and collected, unreasonable and unapproved post-petition professional fees and costs during the pendency of their bankruptcies. A Id., at 2. The fees and costs challenged by the class action " which include such things as bankruptcy attorneys fees, recording fees, notification fees, title search fees, document fees, and property inspection fees


Does an independent administrator who is paid a fee for an estate have to pay taxes on that fee?

Taxable gross income includes professional fees paid to you.


What is the monthly income of a DUI lawyer?

I think it is a classified matter. But i do know that part of the income of a DUI Lawyer comes from professional fees.


How might one become part of the Professional Photographers of America Association?

One can join Professional Photographers of America, Inc. by visiting their website PPA. The fees associated with membership are between $194 and $323 per year.