25 June 2011
Wait? You mean that you didn’t know that there was such a thing as the tax attorney’s fees deduction? Well, perhaps that’s because it’s not actually called the tax attorney’s fees deduction. Tax attorneys like me just like to call it that. It’s technically part of the Job Expenses and Certain Miscellaneous Deductions subject to [...]
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17 February 2008
Taxpayer asks: Hello and thanks for your anticipated help. I have a question: I am an attorney (solo pracitioner) and last year I settled my first case. I obviously gave the proceeds minus my attorney fees to my client. I received a 1099 from the govt agency that I settled the lawsuit with. Do I [...]
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