Register now or log in to join your professional community.
My client had a single Member Company (SMC) that he sold in2009. One of his employees brought a employer practices lawsuit against him in2010. He continued to have legal expenses relating to this suit until2012 but did not have any income to offset the expenses in2013 and2014. Can I put most of those expenses in2011.
Obvousuly it's adjusted with suspense accounts.
