Kostecke CPA

All posts tagged tax savings

Are Legal Expenses Deductible?So, are legal expenses tax deductible? If you are going through a lawsuit, a divorce, or a business situation in which you are paying legal fees, you may be able to get a tax benefit. Sometimes you can take a deduction, but when?

Expenses That are Tax Deductible

There are a couple rules of thumb on this.

  1. First, you can deduct legal Read more

Your business should become an S-CorpS-Corporations provide several tax advantages to small businesses. But did you know there are a couple other reasons you should consider becoming an S-Corp? Let’s start with everyone’s favorite… Read more