Comment on Need a Tax Deduction? Pay Legal Fees by Year-end

Need a Tax Deduction? Pay Legal Fees by Year-end

The Lawyer (Photo credit: Wikipedia) No one likes paying legal fees, but tax deductions can make them a lot less painful. With a 40% tax rate, $10,000 in deductible legal fees costs you only $6,000. But if your legal fees are to get divorced or because a family member sues you for slander, [...]

 

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