you can write off any thing as long as your can prove it was business oriented. i.e you tanned for a photoshoot for advertisement and ect. If you can not prove that the tanning was for business operations then you can not claim it. Same thing goes for supplementation and ect. What I use to do when I was a trainer years back was blog every thing I did. That way it was proof that all my supplements taken was for work research and development. Because I can personally can not tell a client to try some thing that I do not know if it works or not.
Does anyone know what competition expenses (if any) a personal trainer can write off as business? i.e. tanning, suits, food, travel, entry, etc.... Thanks for any input!
Plan A: if your strictly 1099 (self-employed/contract worker) only you can write off just about all of your work related expenses. the best thing to do is to use either a specific bank account with a visa/mastercard debit card and use that strictly for all of your business transactions. then come tax time you hand over you statements to your tax person and let them figure it out, no need to keep receipts with this method either which are a pain in the ass, fade with time, etc.
Plan B: the same as A except using a credit card from say Southwest, etc. were you can earn points for free flights, or from another bank that offers cash rewards etc.
plan b is the best. I dont do that for business expenses, but i pay off my mortgage, bills ect with my credit card. Probably charge 3-4 k a month on it, but pay it off instantly with my bills. I have not paid for a flight in years.
i dont trust my friends that much... Its nice American Airlines offers a companion ticket once a year as well. So we fly to alaska for free and pay 50$ for the additional ticket. We all ways get free vegas trips too, we never go though, but they call up an day they have a flight and room for the weekend for free for us if we want it. I'm more of an outdoors guy then a vegas party guy. But its nice to know they offer. Even though its just a scam to get us there free so we feel inclined to spend more money.
Hey guys! Thanks so much for the advice! This helps! I was just feeling that maintaining my look sells me as a trainer so why can't I write some of those expenses off? You all pointed out a few things I hadn't thought about!
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