Is legal fee paid to collect WSIB back payment deductible?
client paid $23000 to collect $54000 in WSIB payment. Can it be claimed since the WSIB payment is not taxable. His taxable income is $19000 from CPP & OAS without WSIB. The WSIB income ($54000) reduces his age amount to $1500 and he ends up owing. Any suggestions. I could not find the specific answer on CRA website.