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…
“Attorney To Sue Doctor.” This is a headline in the news that excites some and scares others. Those who have fallen victim to botched procedures celebrate the role of a medical malpractice lawyer. Medical professionals, however, may see attorneys that handle malpractice as a threat to their business. There are certainly instances in which doctors…
In the United States, criminal law differs greatly from civil law. When it comes to civil law, the emphasis is placed on dispute resolution as well as victim compensation as opposed to punishment. However, many individuals find themselves in need of federal criminal attorney. A federal criminal lawyer can help resolve many legal issues, and…
Updated 10/24/23 You have toiled so hard that you give your descendants a good life, part of your legacy. But pause momentarily and imagine a scenario where your estate doesn’t benefit the intended heirs simply because you overlooked estate planning. According to IBB Laws research, three in four people experience inheritance disputes. You owe it…
Hofheimer Family Law Firm 1060 Laskin Road Virginia Beach, Virginia 23451 www.virginiadivorceattorney.com (757) 425-5200 We are a family law firm dedicated to representing women only in divorce, custody, and support issues. We’ve met with, counseled and successfully represented thousands of women from all over the area.
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…
Getting a divorce is difficult for all parties involved but a family law attorney can help, especially if there are children involved. When people get divorced, one issue they may not agree on is child custody. If you’ve found yourself in this situation, you’ll need child custody assistance. This will help ensure you are able…
Many business owners and managers will understand that collecting debts can be a difficult process and, at times, could even be litigious. Because of that, many companies will actually keep a bad debt reserve because they expect a small percentage of their creditors to not be able, or willing, to make the full payments. In…