A contact injury, such as a direct blow to the medial side (inside of knee), or a noncontact injury, such as a hyperextension stress. It is also commonly associated with an ACL tear which occurs with a high level of force and sports injury.
These types of legal fees are deductible as a business-related expense. You can deduct legal expenses incurred in your attempts to produce or collect taxable income as well as legal fees you pay in connection with the determination, collection, or refund of any tax.
Non-deductibility extends to legal fees incurred in disputes over money claims. However, legal and accounting fees paid for tax advice in connection with the divorce are deductible, provided the amounts for those services are delineated on the legal firmâs billings. â¢ Taxable Alimony â The part of legal fees attributable to producing taxable alimony is deductible by the recipient of the alimony.