By topic (Promotion)

Tax Deductions for Dues and Expenses of Being a Mason or a Lion

Tax law favors and allows deductions for civic and public service clubs and even names some favored clubs. But tax law does not allow dues deductions for airline, hotel, country, golf, athletic, and business-meal clubs.

Tax Tips for Charitable Deductions as Business Expenses

The critical point for making payments to charities and churches deductible business expenses is your reasonable expectation of financial return.

Federal Tax Deductions for Business Involvement in Charity Fundraiser

You always come out ahead when you can deduct your charity involvement as a business expense.

Business Gift Basket Tax Deduction

The business gift basket runs into the $25 limit on business gifts. If you want to deduct more than $25, you need to know the rules in this article that produce bigger deductions.

Starbucks Gift Cards for Business Promotion

Making gifts to promote your business is complicated by time, inflation, and poor tax legislation. Make sure you know the rules so that you keep your tax deductions on your tax return.

IRS Refund Owed after IRS Audit

The woman in this audit learned how knowledge can turn what appears as a nightmare (an IRS audit) into a positive happening—meaning cash refunds for the year of the audit and subsequent years. As the old sayings goes, “knowledge is power.”

Birthday Party Prospecting

To deduct a birthday party as a business expense, you must convincingly demonstrate a direct association with business activity.

Is a Facelift Tax Deductible?

With one exception, you may not deduct a facelift as a medical expense because you use your face for both business and personal purposes. As to deducting the facelift as a business expense, this has not worked out so far.

Teeth Whitening as a Business Expense

You probably should not try to deduct teeth whitening. The law generally disallows a teeth whitening–type of expense because it has both a personal and a business benefit.

Court Rules Horse Activity Is Advertising Component of Design Business

Tracy Topping saved $251,462 in taxes when she proved that her horse activity was not a hobby, but a promotional tool for her business.

Business Club Deductions

Business meals, like those consumed at Lions Club and Rotary meetings, ARE subject to the 50% rule. We have proof.

Coaching Girls’ Softball

One couple coaches a girls’ softball team and puts up advertisements for their company. It is a good strategy that is good for business. We show them how to deduct coaching expenses like bats, balls, tees, and a pitching machine.

Coaching Girls’ Softball

One couple coaches a girls’ softball team and puts up advertisements for their company. It is a good strategy that is good for business. We show them how to deduct coaching expenses like bats, balls, tees, and a pitching machine.

Sponsoring Sports Teams

Revenue ruling 70-393 allows you to deduct the expenses of sponsoring a sports team.

Sign on Car

Advertising your business on your vehicle does not change either your business or personal use of the car.

Commission Rebate

Rebates have become common. The tax treatment of a rebate by the salesperson depends on whether you write a check or receive a reduced commission and whether you do this rebate for charitable or promotional purposes.