Wednesday, August 5, 2009

Tax Breaks for Plaintiff's Lawyers ?

Further proving that law is just another industry, LegalNewsline has an interesting article here about legislative efforts to give plaintiff's lawyers a tax break. Instead of personal injury case expenses being treated as loans to the clients, the plaintiff's lawyers want to immediately expense the amounts spent. According to the article, the hoped-for tax break was a topic at the recent national meeting of the trade association plaintiff's personal injury bar.

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