Legal, accounting, and other professional fees paid or incurred in connection with a business transaction or primarily for the purpose of preserving existing business reputation and good will are generally deductible. In conclusion, there is no correct answer to the question of what category of expenses legal services fall into. It will depend on the specific characteristics of the services being provided and the jurisdiction in which they are provided. However, the categories of operating expenses, administrative expenses, and marketing expenses are common categories of legal expenses.
You should consider the specific characteristics of the services being provided and decide which category is most suitable for your company.
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