accounting for a lawsuit

I had a limited company that I sold in 2006. One of my employees brought a employer practices lawsuit against me in 2004. I continued to have legal expenses relating to this suit until 2008 but did not have any income to offset the expenses in 2007 and 2008. Can I put most of those expenses in 2006 when the company was sold?

Asked by: Roya Salas | Member Since Jan-2011 | Asked on: Jan 30th, 2011

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