I have a question for the American PTs out there. What are some of the tax write-offs that you've done without fearing an audit on them? I'm just curious about what kind of legitimate write-offs are available.
|
Thread: PT and Tax write-offs
-
06-05-2013, 04:18 PM #1
-
06-06-2013, 04:34 AM #2
If you own a business, the write-offs are endless. Training equipment, rent, web hosting, marketing materials, internet radio subscriptions, professional liability insurance, business mileage, and pretty much anything else that is a business expense.
If you don't own the business, I believe you can still write off anything associated with the job that exceeds 2% of your income. If you make $30,000, that would be anything over $600.
Similar Threads
-
Any other studio owners have a hard time finding quality trainers?
By EdgarAllanPoe in forum Personal Trainers SectionReplies: 36Last Post: 01-05-2013, 04:39 PM -
Hip Hop Album of the day thread Pt 2
By JamesYancey in forum Misc.Replies: 9261Last Post: 04-27-2012, 05:53 PM -
Charity's Bodybuilding Journal
By soon2Bgoddess in forum JournalingReplies: 2312Last Post: 02-22-2009, 07:40 AM -
RANT; Frustration about supplementation ignorance, so I threw down the gauntlet! pt.4
By TE in forum Supplement Misc.Replies: 12518Last Post: 10-03-2008, 11:36 AM
Bookmarks