Which Legal Fees Can You Deduct On Your Taxes? No one likes paying legal fees, but tax deductions make them a lot less painful. A combined 40 state and federal tax rate means $10,000 in legal fees costs you only $6,000. But personal legal fees are non-deductible, and that makes them the least desirable fees..
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If you need legal help preparing your taxes or getting money owed to you, then attorney's fees you pay may be tax deductible..
Posts about Charitable Deduction Documentation written by STEVEN J. FROMM, ATTORNEY, LL.M. TAXATION .
Did you know that you can add investment fees and expenses to your miscellaneous tax deductions? Find out what you can and cannot deduct, as well as rules..
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