To: ken5050
"...legal bills paid in an effort to keep one's job would be tax deductable...but, of course, only to the extent of your income...no value when you're making $200k per year, but when you're making $10 million per year, well, he can write it all off....."But he was paying legal bills in an effort to keep his $200K job, not his $10 million/yr job. Doesn't it matter when the fees were incurred?
21 posted on
07/15/2003 8:51:32 AM PDT by
Hatteras
(The Thundering Herd Of Turtles ROCK!)
To: Hatteras
My thought as well.
To: Hatteras
Nope...it's when they're paid....
53 posted on
07/15/2003 10:58:09 AM PDT by
ken5050
(ann coulter NEEDS to have kids ASAP....her gene pool has to be passed on.....any volunteers?)
To: Hatteras
I think you are right, although I am not a tax attorney. I think the issue is when they were incurred, not paid. Although they will find a way around this, I am sure.
67 posted on
07/15/2003 4:10:15 PM PDT by
PackerBoy
(From the 'Rat's Big Bird, himself ...)
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