The new legal expense trust fund was established in February 1998.
But here's the catch: If Clinton had to declare the income and then deducted his legal fees as a job-related legal expense, the deduction would be so large as to throw him into the clutches of the Alternative Minimum Tax.
Bank of America ( BAC) has been offering cash walk-away payments for deeds-in-lieu to qualified homeowners, to save the time and expense of legal proceedings.
Mortgages might automatically give customers the benefits of refinancing when interest rates fall, saving them the expense and legal hassle of switching to a different company.
Figure investors will now face yet another expense: legal fees.
These reconciliations adjust the related GAAP financial measures to exclude stock-based compensation, amortization of acquisition-related intangible assets, other acquisition-related costs, a contribution expense, a legal settlement charge, and the associated tax impact of these items, where applicable.
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The report notes that employers endure significant uncertainty, time, and expense (government fees and legal costs) in hiring skilled foreign nationals, indicating that hiring the best candidate for the job, whether U.S.-born or foreign-born, is the primary consideration for employers.
Today CEOs face no legal requirement to maximize returns for shareholders at the expense of jobs and economic growth in the U.S. Policymakers, lawmakers, pension-fund managers, and others can demand that CEOs deliver performance that creates value for America as a whole.
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While the political contributions were legal and Clinton is not accused of wrongdoing, prosecutors allege Branscum's expense report was false and that the money illegally financed the contributions.
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After a long legal fight, Sheffield United had argued successfully that West Ham, who survived in the Premier League at their expense, should pay them damages after breaking third-party player ownership rules by fielding the influential Tevez.
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