Aiman Zubair

Tax Deduction for Legal Fees: Is Legal Fees Tax Deductible for Business?

Legal fees incurred for business purposes are tax-deductible. The deduction can be claimed on business returns (such as Form 1065 for a partnership) or directly on Schedule C of personal income tax returns. The Internal Revenue Service allows individuals and businesses to deduct the cost of certain professional services, including legal fees, as a business …

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How To Invoice As A Contractor?

It is very important to have a proper invoicing process for contractors and small business owners to generate professional invoices. A good contractor should have skills for handling different projects because many times, they have to deal with different billing terms and timelines. Contractors should track and create detailed invoices upon completing the project successfully. …

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