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Posts Tagged ‘Fees’

Are legal fees for attorney tax deductible?

24 May

My husband is military and we have spent $9,000 so far on a civilian attorney to fight to keep my husband’s job…it’s still not over, so probably will cost at least another $5,000, and unsure of what the outcome will be.
The details of why aren’t really important, Ted…the question is are legal fees tax deductible if they are spent for the purpose of saving one’s job.

 

Does anyone know fees associated with John Hancock 401k?

10 May

I just looked at our 5500 form that shows we paid $2500 in commissions to the guy who sold us the plan 5 years ago. So we have paid about $10,000 to someone that we saw once!

From what I can figure out, there are also fund expenses and possibly wrap fees, too.

Anybody know what I am talking about? Thank you very much.

 

are attorney fees tax deductible when fighting for you job?

10 May

My employer tried to fire me, but I was able to defend myself and keep my job. This came at a large price because I had to hire an attorney. Are my legal fees tax deductible?

 

I felt cheated by WMA by buying into a WUL insurance. I find out the fees are very high. Any redress?

29 Apr

I bought a Western Reserve Life VUL promoted by WMA. the fees are exorbitant. I felt cheated. Any way I can redress?
They even closed the Janus growth fund I originally invested in. I did not make any subaccount changes as I was out of the country. Can I talk to them to recoup my principal , at least?

 
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Are attorney fees tax deductible for civil lawsuit?

26 Apr

I am the plaintiff in a lawsuit and have a judgment against the defendant. However, I am now out of money and can’t afford to hire an attorney to force the collection. Our judicial system is screwed up. Can I get a tax deduction on attorney fees that total $20K? Even though I won my case, no one enforces payment. Not only did I lose $75K through fraud, but also the $20K for attorney fees. My tax man says it is not deductible because it is a collectible judgment, even though I will never collect. Is this right? Any ideas?

 

Are annuity surrender fees tax deductible?

13 Mar
 

Has anyone ever dealt with an Immediate needs annuity or CFPP (Care fees payment plan).?

11 Mar

I’m trying to find out wether they are any good. If they are, who does them?
I know you pay a lump sum and in return get payments for care for the rest of life (lump sum being approx 4 to 5 x the annual payment).
Where can I get more independant advice?
Thanks

 

Surrender Charge Overland Park Kansas Early Termination Fees Annuities Fixed

01 Feb


dave dinino,www.kansascityseniorsad visor.com,(816) 925-0560,expert senior advisor,kansas city missouri,what is annuity,financial advisor services,overland park kansas,seniors advisor,what is an an…

 

Metlife Improves Structured Attorney Fees

22 Jan


Mark Wahlstrom, President of Wahlstrom and Associates and the host of The Settlement Channel discusses the recent changes and improvements in the MetLife structured legal fee program. Structured at…

 

Structured Settlment Transaction Fees

13 Oct


Going to court can be expensive. This informative video explains that with Novation there are no hidden costs. Generally Novation pays the court fees and lawyers.