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Business & farm
@gkumar85 wrote:
Thanks for your quick response. My CPA is quoting from following link. I am not able to find anything on IRS website. Can you please shed some light on this?
No offense to your CPA, but he/she is quoting from a link to a discussion in the TURBOTAX COMMUNITY and using THAT as authority?
How about requesting real authority, such as a cite to a Code section or Reg or IRS Rule?
Further, that community discussion could (a) be years old (it was transferred from the old board on June 1st - that is not the date of the post) and (b) the member answering the question could have meant the answer to be limited to a deduction by an employee. In addition, the link in that post takes you directly to an IRS web site which, as far as I can determine, says nothing about legal fees being deductible or nondeductible.