CRA denies tax deduction for paying someone else’s legal fees

1 month ago 6

Rommie Analytics

In some situations, the burden of high-priced legal advice can be somewhat offset if you can deduct those legal fees on your tax return.

Lawyers are expensive. I should know: I married one. And if she ever decided to start billing me at her hourly rate for our conversations around the dinner table, suffice it to say, we’d soon be eating in silence.

In some situations, the burden of high-priced legal advice can be somewhat offset if you can deduct those legal fees on your tax return. For example, employees (or former employees) can claim legal fees they paid to collect or establish a right to salary or wages owed to the...

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