October 2019 | Small Business Accountants and Tax Advisors l WL Advisory

Legal Expenses – Tax Deductible or Not?

by wladvisory | Oct 18, 2019 | Monthly Tax Updates, Tax News

What types of legal expenses are tax deductible? When a legal expense is incurred in relation to the operation of a business to produce assessable income, it is generally allowable as a deduction. Exceptions are when the legal fee is capital, domestic or private in...

Legal Expenses – Tax Deductible or Not?

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