Although tax season just ended, and taxes are the last thing you want to think about right now, it is important for us to acknowledge that bail is not tax deductible. It is something we must answer because many people ask this question. People are arrested left and right, and with such a large amount […]
Tag Archives: bail is not tax deductible
Although it might seem tax deductible because it’s a payment going to the government, bail is actually not tax deductible. Bail is a guarantee (like a bribe, essentially) to get a defendant to appear in court for a crime they are accused of committing. As long as the defendant is compliant with this and his […]