Tax
Oct. 14, 2011
Seven key tax rules about legal fees
To make paying legal fees less rather than more painful, here are seven rules you should know.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Tax rules can make paying legal fees more or less painful. To make paying them less rather than more painful, here are seven rules you should know.
You can't deduct personal legal fees. The least desirable legal expenses are those of a purely personal nature. If you incur legal expenses to get divorced or because you insult a family member who sues you for slander, the legal fees are personal and therefore non-deductible...
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