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What is the informal term for legal expenses?
costs
Is legal expense an admin expense?
Legal expenses is not an admin expenses since legal expenses ararise due to legal issues of the organization. legal expenses are not recurring expenses by nature. Example of legal expenses are feees paid to the professional to represent the legal issues before the competent authority.
Can you be incorporated as an HOA and your members are in the Property Owners Assoc?
If your question has to do with the legal name of the association, the Articles of Incorporation list that name. There may be an informal name used to describe the association that the board uses in informal situations, which should be used with consistency.
Can you deduct legal expenses from your taxes?
Yes, you can deduct certain legal expenses from your taxes, such as those related to business activities or the production of income. However, personal legal expenses are generally not deductible.
What is the term for legal expenses?
costs
What is informal cooperation?
Informal cooperation is when you comply to something. There is no legal document that says you will cooperate, you will just cooperate.
What is the journal entry for legal expenses?
To record legal expenses in a journal entry, you would debit the Legal Expenses account and credit either Cash or Accounts Payable, depending on whether the expense was paid immediately or is still outstanding. This entry helps to accurately track and report legal costs incurred by the business.
Is The House the informal name for the London Stock Exchange?
'The House' is the informal name for the British Parliament.
What expenses can be written off in bankruptcies?
In bankruptcies, expenses that can be written off typically include outstanding debts, legal fees, and certain business expenses.
What do you mean by expenses?
Preliminary expenses are all those expenses which company incurred before starting of basic busines activity or production of volume of units like legal expenses etc.
How do you record a software license renewal fee?
It is a kind of expenses like insurance expense, legal and professional expenses
What is another name for an informal diplomatic message?
Informal diplomatic message
