Is a retainer for future legal services deductible in the year paid or when services done?
I believe it is deductible in the tax year that it is paid. But see what you tax accountant thinks about that, and about the deductability.
Los Angeles, CA
Bankruptcy and debt Lawyer at Los Angeles, CA
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I believe it is deductible in the tax year that it is paid. But see what you tax accountant thinks about that, and about the deductability.
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As of now, who owns the house, and who wants the money?
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Try calling them from a pay phone located in another state. Also, please pay good attention to what Matthew Berkus wrote in his answer!
Money paid to creditors within a 3 month period prior to filing bankruptcy may be subject to being taken away from the creditor who got paid, by...