A traffic caution sign reads: Tax Time Ahead.

Are Legal Fees Tax Deductible?

As a rule, legal fees for a business are deductible just like any other business expense - you have paid the fees to earn income. For example, if you operate a small business, and you hire a lawyer to draft a contract for you or to collect unpaid debts, those fees are deductible. However, fees paid for personal reasons, such as a divorce, are not deductible.

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