Employee leaving one company has to get legal help on separation agreement to get rid of the non-compete clause so he can get a job with competitor in the same area. Which was successful I might add. Can these legal costs be deducted?
employee legal costs
Mar 26, 2008
1 Replies
That sounds like a business expense. He's in the business of being an employee. (In a different case, a loan to an employer went bad and was deductible as a business bad debt, for that reason.)
Seth
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