Tax Deductibility of Attorney’s Fees for Criminal Defense: The Breakdown
Interpreting Legal Costs: What’s Tax Deductible? Generally, taxpayers can only deduct legal fees if they paid them for the production or collection of taxable income or for the management, conservation or maintenance of property held for the production of interest, dividends or royalties. Furthermore, legal fees incurred in connection with the determination, collection or refund of any tax are deductible; however, legal fees related to the sale or transfer of property are not. Legal fees incurred for tax advice or
Commercial vehicle hire agreements explained
What is a hire agreement for commercial vehicles? A commercial vehicle rental agreement is a legal contract between a vehicle owner and a rental company or individual, allowing the rental company or individual to use the commercial vehicle for a specific duration of time and purpose. These agreements are designed specifically for the commercial sector and are often used for long-distance transportation, when individuals need extra space for cargo, or when there is a need for a special type of
How Much Does Legal Separation Cost in Nevada?
What is a Legal Separation? Legal separation involves a process much like divorce, except that instead of being physically separated and legally divorced, the parties are in a state or condition that is created by law that allows them to be physically separate or living under separate roofs, but they are still technically legally married. By entering into a legal separation agreement, the parties agree to all issues related to the dissolution of their marriage, but the point about which
Determining the Expense of a Postnuptial Agreement
Defining What a Postnuptial Agreement Is While postnups can frequently be thought of as what they are – a type of property protection like a prenup – they are different from prenups in that they are entered into after marriage. As a result, each spouse has a vested interest in the other, which is why courts consider whether an agreement is fair (and whether, for instance, it was entered into when one spouse was failing to disclose relevant information) rather
The Essential Guide to Dog Bite Laws in Kentucky
Kentucky Dog Bite Law Explained Dog bite laws in Kentucky are important for a number of reasons. First, they help to protect victims of dog bites from further injury by aggressive or poorly trained animals. Second, they provide a framework for determining liability and damages in cases where a person has been attacked or bitten by a dog. Third, they help to create a safer environment for both people and animals by establishing regulations on how dogs should be kept
The Purpose of Business Agreement Lawyers
The Role of a Business Agreement Lawyer Business agreement lawyers are legal specialists who advise business owners and corporate managers in different areas of business agreements, whether in drafting, reviewing, or enforcing them. Business agreements vary from simple transactions, such as sales agreements or purchase of service agreements, to more complex transactions, such as joint venture agreements or licensing agreements. Depending on the type of transaction, business lawyers may address contracts , commercial and banking, business planning and transfer, tax
What Texas Drivers Should Know About Headlight Laws
Texas Headlight Laws Explained The general provisions of Texas law pertaining to the operation of motor vehicle headlights are contained in Chapter 547 of the Texas Transportation Code. The laws relating to headlights are found in sections 547.321 and 547.323. Texas headlight laws address when a driver must use their headlights, where they may not be used, and general maintenance and functionality requirements for a motor vehicle’s headlights.The provisions of these statutes are meant to address several issues. First and
Finding Free Legal Aid in Mobile, AL: A Complete Guide
What is Free Legal Aid? Free legal aid is simply that- free legal assistance provided to individuals who may not otherwise have the means to secure an attorney for a case. What this means is that you do not have to be a low-income individual to get free legal aid. The criteria vary based on what organization is providing the aid, and are dependent upon the case you need assistance with as well. A good starting point is the legal
Locating a Suitable Business Lawyer in Maryland
Reasons to Retain a Business Attorney in Maryland Finding the Right Business Attorney in MarylandA Maryland business lawyer can help your startup, corporation or LLC by not only forming and advising you about the rules governing each type of business entity, but also about other aspects of Maryland business law. Eventually most businesses find themselves subject to one or more of Maryland’s many licensing rules or regulations. A business attorney can help you determine what licenses and permits may be
Finding the Ideal Business Transaction Attorney Close to You
Benefits of Having a Business Transaction Attorney Whether you’re a startup or have had a successful business for decades, you will always need the services of a business transaction attorney. The reality is that these highly trained and skilled attorneys understand the complexities of business law and will help you to avoid pitfalls in the future. From risk management strategies to contract review and negotiation of business deals, these attorneys have the broad span of knowledge and experience to eliminate