Are You Looking to Deduct Legal Fees from Your Taxes?

Legal fees cannot be accurately described as cheap. According to, attorney fees range anywhere from $100 to $400 dollars, depending on the services offered and the geographic location. However, if they offer specialized expertise in the law, their rates are likely to be much higher. Chapter 7 bankruptcy, for example, usually leads to an […]

Learn More About Legal Fee Tax Deductions

Several different big deductions, like charitable donations, educator expenses, health insurance premiums, energy savings home improvement credits, and even points on refinancing a home that many taxpayers overlook. In addition, many do not realize that they can make legal fees tax deductible to lower the amount they owe every April. Typically, tax deductible legal fees […]

How to Receive Tax Deductible Legal Fees

Legal fees are not specifically stated to be tax deductible, but tax deductible legal fees are possible, depending on the context in which the fees are accrued. Sometimes provisions are absent in parts of the Code, which make one able to, with a skilled lawyer, deduct legal fees. Deductibility of legal fees is contingent upon […]

Are Legal Fees Tax Deductible?

If you are a professional being sued in relation to your business, your legal fees are allowable expenses. Any allowable expenses are tax deductible, regardless if legal fees involve civil or criminal cases against you and your business. However, it is easy to get confused about tax deduction for legal fees, which is why many […]

Are Your Legal Fees Tax Deductible?

Are you looking at your expenses for this year and wondering about the deductibility of legal fees? As it turns out, you can get legal fees tax deduction, though it does not, of course, apply to all legal fees. Unfortunately, personal legal fees are non deductible, so personal issues such as divorce or slander via […]