@mattbontrager_: Did you know that almost anything can be a tax deduction — if the right circumstances apply? It’s all about how you position your expenses. For example, golf fees aren’t normally deductible, but if they’re tied directly to a business service (like charging for a networking or coaching session), they can qualify as a valid business expense. The key is understanding the context of your spending and how it supports your business. Whether it’s travel, meals, or even unique expenses tied to your work, there are opportunities to legally reduce your taxable income with the right strategy. Let’s make sure you’re not leaving any money on the table. #TaxPlanning #BusinessDeductions #EntrepreneurLife #TaxTips

Mattbontrager
Mattbontrager
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Region: US
Thursday 28 November 2024 16:01:53 GMT
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vacation1977
vacation1977 :
How can you write off a beach house in another state ? We have a construction supply company.
2024-12-02 04:52:51
5
mycoolcars
mycoolcars :
but it's golf fees are not tax deductible then how come the guy who is consulting on the golf course gets to write off his golf fees of presumably in this case 2K?
2024-12-07 01:16:00
0
_mrrjones
Christian Jones :
I hate taxes
2024-11-28 16:30:01
0
briangilroy
Brian Gilroy :
That scenario is taxable income to your partner. If he’s willing to pay the tax on your deduction then yes it’s valid.
2024-12-11 13:07:28
1
z1p1999
z1p99 :
it doesn't have to be practical just useful
2024-12-09 22:58:21
0
win.alex818
Alex :
So the fee would be consulting?
2024-11-29 19:20:30
0
kysouthernbelle2.0
Southern Belle 2.0 | CE :
I need more of this type content!
2024-12-05 23:59:26
1
chaka4880
chaka4880 :
So he gives you an invoice to golf with him? Turns into an income for him?
2024-12-09 00:28:29
0
dylandreslinski
dylandreslinski :
can a sole proprietorship operate at a *slight* loss to offset individual income through 179 deductions because of the pass through taxation?
2024-12-05 20:19:24
0
hmsher63
hmsher63 :
entertainment is not deductible. I guess you could bury it in marketing or networking but if audited it will be disallowed.
2024-12-10 10:57:53
0
okth40
User1 :
You’ll lose in a challenge with the IRS if you write golf fees off
2024-12-11 06:30:38
0
silverfox405
coby :
not anything.! they dont allow scrubs , shoes, uniform for hospital job anympre.
2024-12-11 04:09:47
0
gaspeddler1
gaspeddler1 :
Triple net landlord here. What can I deduct besides depreciation?
2024-12-06 15:50:14
0
jessthecoffeeaddict7
Sam :
If you film it and make golf content, how are you supposed to make the content without paying to use the golf course.
2024-12-11 08:20:35
0
_cheycity95
It’s CHEY like SHY :
Ok so hi hahah we love a good CPA
2024-12-11 08:22:04
0
tenacitypools
Tenacity Pools :
My cpa says that I can not write off my race car. But I say my name is on it , it is advertising
2024-12-09 00:58:55
0
jeffludwick818
I’m so excited about about you :
I need a new accountant Mine is old school and too by the book
2024-12-05 23:38:01
0
paulr9525
paulr9525 :
😂
2025-06-09 04:02:42
3
appleuser74429812
Danyka :
💜💜💜
2025-03-31 13:40:05
0
prettyponies85
pretty ponies :
can I claim my dogs as dependents?🤣
2025-01-17 09:57:50
0
adrianldc87
AdrianLDC87 :
These people 🤡🤣
2024-12-06 01:03:11
0
bobeskew7
Bob Eskew :
why not just focus on growing your business? great businesses don't do this.
2025-01-06 20:17:24
0
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