S. 814 · 110th Congress
A bill to amend the Internal Revenue Code of 1986 to allow the deduction of attorney-advanced expenses and court costs in contingency fee cases.
- Stage
- In committee
- Sponsor
- Arlen Specter
- Introduced
- 2007-03-08
- Latest action
- 2007-03-08 · Introduced in Senate
Summary
Amends the Internal Revenue Code to allow attorneys a tax deduction in the current taxable year for reimbursable expenses and court costs which they pay or incur in connection with contingency fee cases.