Can I Deduct a Divorce Attorney's Fees & CPA Fees From My Income Taxes?

Answer Divorces are not only emotionally draining but can also be expensive after paying your attorneys and CPAs the fees you owe. The IRS will not, however, allow you to claim a deduction for every fee y... Read More »

Top Q&A For: Can I Deduct a Divorce Attorney's Fees & CPA Fe...

Can you deduct bank fees from taxes?

Some banking fees are deductible for personal and business accounts but not all. Fees due to losses on deposits with solvent financial institution or investments can be deducted, but not check-writ... Read More »

What Legal Fees for Divorce Can Be Deducted on Your Taxes?

The fees you pay an attorney to handle your divorce paperwork and litigation are not tax deductible. Court costs, including the cost of filing for divorce or the expenses associated with any motion... Read More »

Can you deduct attorney fees?

Legal fees are deductible if related to your job. This includes legal fees to perform your job or to keep your job. In addition, legal fees are deductible if related to the taxpayer's income produc... Read More »

How to Deduct Tax Prep Fees?

Tax deductions reduce gross taxable income. Deductions are beneficial to taxpayers because they can push recognized income down to lower tax brackets and reduce tax liability. Taxpayers who incur f... Read More »