Tag Archives: Legal Fees

Legal Fees on Cancelled Debt

Today TaxMama hears from Carole in the TaxQuips Forum, with this interesting question. “Can a person deduct legal fees paid to lawyers that negotiated their debt (both personal & business credit cards as well as a mortgage on their personal home) as an itemized deduction? I’ve read that legal fees for collecting or producing taxable income […]

Destructive Divorce Fees

Today TaxMama hears from Jan in Michigan who tells us “I’m recently divorced.buy ivermectin online healthcoachmichelle.com/wp-content/languages/new/online/ivermectin.html no prescription buy valtrex online https://apwh.org/wp-content/languages/new/valtrex.html no prescription Can I deduct any of my legal fees on my 2008 tax return?”