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Taxation & Estate Planning

: TaxProf Blog

NLJ: The Unequal Tax Treatment of Litigation Expenses

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National Law Journal, Equal Tax Treatment, by Brian Kabateck & Karen Liao (both of Kabateck Brown Kellner, Los Angeles): Why are plaintiffs' contingent-fee lawyers treated differently than other businesses in America when it comes to tax deduction of ordinary business expenses? ... [T]he IRS currently considers the litigation costs incurred...

Full post as published by TaxProf Blog on October 06, 2010 (boomark / email).

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