RSS Feed

When To Claim Tax Deductions on the Legal Fees You Paid

July 26, 2010 by Morrey No Comments »

One thing for sure, nothing comes free in this world, not even your luck. In case you are in the jinx of family related legal issues or probate matters or injury consequences and thus worried about paying attorney fees; here is some news that can console you to some extent. Yes, we are discussing about tax deductible attorney fees.

Regardless of why, how and what attorney you hire, you have to pay for the legal services. Sometimes the fees are so high making your budget insufficient you look for alternative remedies. To the sheer curiousness you must find out whether you are eligible to claim a tax relief for the attorney fees.

No, I am afraid! You can’t in general but, there are some limited circumstances where your legal fees can be deducted and you can recover a little bit of it during tax time.

So, what are the general rules established deciding the tax deduction matter?

You can deduct attorney fees if you try to produce taxable income and collect a refund of any tax. Simply if a tax attorney helps you with the tax matter like completes your tax return or represents you in an audit by the IRS, you can get the deduction. The basic thing is that your legal fees have to be connected to tax by someway.

Now what are the situations that enable your legal fees valid for tax deduction?

1. In case you are getting tax suggestions during a divorce action. The advice could be for mortgage interest or child care or the alimony by payor spouse.

2. If you want your ex-spouse pay you the alimony that was past due. This can be done by paying your lawyer to write a letter claiming payment or filing lawsuit against your insolvent ex-spouse.

3. If you are defending “unlawful discrimination claim” filed by a former employee whom you fired or didn’t hire.

4. If you are about to receive your share of class action settlement against your employer. For example if you get $1500 as a share of compensation, IRS will report it as $2000 as income. Because, $500 will be charged as your share of attorney fees being paid. Thus you can take tax deduction on $500.

There are certain other factors that won’t allow you to look for tax deduction on your attorney fees. To know better and discuss in detail, consult a tax attorney in area. If you are from Virginia, USA and want to avail the opportunity of tax deduction on legal fees, just consult with Virginia Beach Tax Attorneys personally.

 

Acquiring British Citizenship: The Process

June 21, 2010 by Morrey No Comments »

Acquiring British citizenship is a difficult task especially after the new bill has been passed. First of all you will have to submit an application for obtaining citizenship. Once the application is submitted the state will grant the applicant the status of ‘probationary citizen’. As soon as the probation period is over the applicant will be eligible for becoming a citizen or obtaining permanent stay order. If you are an active citizen of UK the process will become smoother for you.

British Government encourages people to become citizens rather than becoming permanent residents. Therefore the process of acquiring citizenship is faster than obtaining the right to stay in UK permanently.

If you are planning to acquire British citizenship it is better to hire an immigration attorney who can easily deal with the complex immigration law. For those who don’t have an idea where they can look for an attorney, check the immigration attorneys directory and you will get good information about a number of attorneys.

 

Medical malpractice litigation – know more about it.

May 31, 2010 by Morrey No Comments »

Medical malpractice proceedings refer to the body of court cases brought against physicians and other medical practitioner resulting from violating of a doctor’s legal duty. While doctors take care, they need to do many things: they should diagnose properly, get informed permission from the patient, and carry out all medical care with the capability of a sensibly capable doctor. If doctors fail at any of these legal responsibilities, he or she may be subject to the medical malpractice litigation.

When an applicant believes that he or she was the sufferer of medical malpractice then he or she will hire a medical malpractice lawyer. This is a form of injury attorney and they will work on contingency fee basis. The injured party and the attorney will build a case; frequently, this relies a lot on calling expert doctor witnesses who can give evidence that the doctor in question did in fact act below the level of a sensible standard of care.

There is some argument in the US connected with medical malpractice litigation. Many doctors complain about the high expenses of getting medical malpractice insurance. In response to extensive requests for “tort reform” — or modifies to the rules — from the medical society, some states, such as California, have compulsory limits on the amount of non-compensatory damage and available in a medical malpractice case. Consistent with California Civil Code § 3333.2, claimant can recover a utmost of $250,000 for non-compensatory damages; this type of damages is distinct as emotional distress, pain and suffering, punitive damages or any other fiscal damages not intended to specially compensate for actual financial damages such as medical bills and lost wages. Other states also have similar limitations imposed.

Most Popular Information:
If you want to hire an attorney who is specialized in Prince George’s County medical malpractice case, contact with a law firm of MR&R or visit www.mrrlaw.net.

 

Prevent being harassed by collection agencies with the FDCPA

April 16, 2010 by Morrey No Comments »

Are you unable to pay your bills on time? Do you wish to settle them? If yes, you can do so with the help of debt settlement law like the Fair Debt Collection Practices Act (FDCPA), enforced by the Federal Trade Commission. When you are unable to repay the debts, your creditors may hand over your accounts to the collection agencies. The collection agencies may adopt unfair means to recover the money from you. You can protect yourself from such harassment by knowing consumer rights guaranteed under the FDCPA.

What are the debts covered under FDCPA?

The debts which are usually covered under Fair Debt Collection Practices Act are:

  • Personal loan
  • Car loan
  • Medical bills
  • Home loans
  • Credit card bills

What Is the Fair Debt Collection Practices Act?

The FDCPA lays down guidelines that the collection agencies(CAs) must follow when they try to recover money from the debtors. Some of the provisions of the FDCPA are considered as the debt settlement law. Few of the restrictions imposed on CAs by the Act are:

CA should not harass you or others: The CAs are not permitted to harass you with phone calls at unreasonable times. They should not call you before 8 am and after 9 pm without prior permission. Apart from the co-signer of your debt, the collectors cannot harass others including your friends, relatives and neighbors.

Should not make false representation: Under the FDCPA, the collectors must not use false claims while trying to collect a debt, such as pretending to be attorneys or government representatives.

Should not threaten you: The law also prohibit debt collectors from using any profane language or threatening to take your property unless it can be done legally. Activities like threatening you of arrest, posing threats to cause physical injury or publicly disgracing you are also prohibited.

Whenever you face problems with collection agencies, you can take help of the FDCPA. The Act also gives you the right to sue the collection agencies in a federal or state court if they violate the guidelines.

 

When and How to Claim Disability Benefits

March 10, 2010 by Morrey No Comments »

Disability does not have any thing to do with your age. Though it seems that retired workers are only eligible for disability benefits but one can be astonished to know that a 20 year old worker has 3 out of 10 times chance of getting disabled before reaching retirement stage. The illness can be due to various reasons: mishaps during working hours, rheumatic conditions and various musculoskeletal diseases like osteoarthritis, rheumatoid arthritis, lupus, fibromyalgia etc. However it is well understood that each one of us should give special thought to the consequences of physical disability and the recommended legal solution to combat financial wreckage.

What benefits you can claim?

  • Government itself provides disability benefits to the citizen. You can be eligible for this if proper documentations are available with you.
  • If you are injured on duty, you may be eligible for worker’s compensation, which is administered by your state.
  • For temporary disablement you have an option to claim coverage from your private Insurance Company.
  • If your condition is serious and you may not able to join work for at least a year, then two types of benefit programs can be obtained. Such programs are administered by the United States Social Security Administration (SSA). The two benefits programs are Social Security Disability and Supplemental Security Income (SSI). You can participate for both of these two as well.

How to attain Social Security Disability Benefits:

According to The Social Security Administration you are considered to enjoy this benefit only under these conditions:

  • Your working status:  SSA determines the number of work credits you must have. Earning more than reasonable amount a month as an employee is enough for ineligibility from receipt of Social Security disability benefits.
  • Your physical condition:  Whether it is severe enough to significantly limit your ability to perform basic work activity. In a situation where you will get recovery in less than 12 months, you may get rejected for the benefit.
  • Your impairment matching medical listing: Your condition should match with the list of disabling conditions maintained by the Social Security Administration. Social Security Administration breaks the body down into 13 major systems or listings. In these 13 systems more than 150 categories of medical conditions are enclosed.
  • Your work ability status: Despite impairment if you are able to perform the same job with same efficiency as you did earlier then your request for disability benefits would be discarded. If you are not good enough to continue with the same work then you will be checked with some other types of work. Social Security Administration determines few criteria like age, education, work experience, physical/mental condition etc before concluding the facilities for you.

Thus the qualifying lists are extensive and it is quite challenging to pass through the stages. You need to find out an attorney who can take necessary immediate actions.

Additional guidance:

Pennsylvania and New Jersey based Console Law Offices treats various complicated disability benefits cases in an efficient manner. They have specialized and personalized attorneys having great practical exposure in this legal section.