Last updated: February 04, 2025
Running a business means dealing with legal and financial matters. When you hire a a lawyer for contract work, these costs are fully deductible.
Examples of deductible expenses:
✔ Accountant or tax advisor fees.
✔ Legal fees for drafting contracts, resolving disputes, or notary services.
✔ Business-related legal consultations.
What’s NOT deductible?
- Legal fees for personal matters (divorce, private disputes).
- Fines or penalties (these are NEVER deductible).
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