Can I Write Off Alimony Payments On My Taxes Ah, taxes. As if a divorce isn’t bad enough on its own you also have to think about the tax implications of the decisions that are made within your case. It’s a situation where you are adding insult to injury. Regardless of how it makes you… Continue reading Can I Write Off Alimony Payments On My Taxes
Can Estate Planning Fees Be Deducted By Your Business You may deduct legal fees paid to attorneys and fees paid to other professionals for ordinary and necessary expenses of your business, including expenses for helping you start your business. When you are starting a business, keep track of all your costs while you are investigating… Continue reading Can Estate Planning Fees Be Deducted By Your Business
Bankruptcy Case: Dismissed Without Prejudice A bankruptcy dismissal happens when something goes wrong and the bankruptcy court rejects your case. There are many reasons this can happen and many consequences. The word “dismiss” shouldn’t be confused with discharge, which is when certain debts are eliminated. Instead, dismissal means that the bankruptcy case has been thrown… Continue reading Bankruptcy Case: Dismissed Without Prejudice
Are Estate Planning Fees Tax Deductible? In general, you can deduct legal fees as an ordinary and necessary business expense. The types of legal fees that are deductible include creation and review of contracts, filing a lawsuit or defending a lawsuit for breach of contract, legal assistance to collect on an account, defending an intellectual… Continue reading Are Estate Planning Fees Tax Deductible?
Estate Formation Salt Lake City Utah Estate planning is an important aspect of life in any city, and Salt Lake City is no exception. It is the process of organizing and arranging the financial and legal aspects of an individual’s estate. This includes the distribution of assets, the payment of taxes, and the management of… Continue reading Estate Formation Salt Lake City Utah