Although tax law can often seem dull and irrelevant to most attorneys' day-to-day practice, plaintiffs attorneys should always keep in mind five basic tax laws, so they can better serve their clients, writes Tripp Scott attorney Erica Dunmyer. Rule No. 1: Attorney fees are taxable.
August 16, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
While tax law may seem dull and irrelevant to most attorneys’ day-to-day practice, in order to better serve their individual clients, plaintiffs attorneys should always keep the following five basic tax laws in mind, and advise their clients accordingly.
Attorney Fees Are Taxable
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