As you may have painfully discovered, legal fees can add up fast.
In the past, Uncle Sam softened the blow a bit by allowing you to deduct those fees. But be aware. Thanks to lawmakers, tax reform has made it more difficult than ever to write off your legal bills.
However, all is not lost…
If you research the tax code the way we’ve done, you’ll learn that there are four strategies you can use to avoid the loss of your legal-fee deductions.
Want to get the money-saving facts? Read my new article appropriately titled Tax Tips: Four Ways to Deduct Your Legal Fees after Tax Reform.
Three ways our fact-filled article can help you:
- We’ll explain the serious problems that tax reform has created. The Tax Cuts and Jobs Act has put two big limits on what you can write off. It’s important for you to understand exactly what this double whammy means to you. You’ll get all the details when you read the full after-tax-reform article.
- We’ll show you four ways to come out a winner despite changes in the tax law. You’ll get a complete explanation of four perfectly-legal strategies, all communicated in easy-to-understand language. Don’t miss the valuable information that’s waiting for you when you read the full after-tax-reform article.
- We’ll tell you how to handle physical injury and illness legal-related fees. Since damage awards are tax free, you can’t deduct any legal fees related to these types of awards. But don’t worry. That’s perfectly okay as you’ll learn when you read the full after-tax-reform article.