Are lawyer fees tax deductible?

Answer On One Hand: No Deductions Without IncomeTaxpayers saddled with large attorney fees would love to get a little bit back in the form of a tax deduction. But unless you hired a lawyer to help you ear... Read More »

Top Q&A For: Are lawyer fees tax deductible

Are divorce lawyer fees tax-deductible?

Fees paid to a divorce lawyer are generally not tax-deductible. However, you may deduct legal fees paid to an attorney for the collection of taxable income, such as alimony. Enter these deductions ... Read More »

How do you collect maintenance fees without lawyer?

Read your governing documents to determine the process by which you can collect assessments owed, and the covenant under which assessments are owed by the owner. Proceeding without legal guidance ... Read More »

Are condo fees tax deductible?

Not usually. Your monthly assessments -- fees, you write -- pay to operate the community and save money for major repairs.

Are origination fees tax deductible?

When purchasing a mortgage or refinancing one, many borrowers look to deduct some of the closing costs from their tax bill. However, the only cost associated with a mortgage closing that is tax ded... Read More »