Legal Fees, Severance and Tax Filing

Spring time is just around the corner, and with the tulips and spring bulbs comes one of our most favourite things - TAX TIME.

Tax Deductions for Legal Fees

Did you know that you may be able to deduct from your income taxes a portion of legal fees incurred in your employment law matter? If you paid legal fees in relation to securing entitlements from your former employer, you may be further entitled to a deduction on your T-1 return to the Canada Revenue Agency ("CRA").