Article Date:
May 2019


Word Count:
424

 

 

Q&A: Deduct Your Costs of Sponsoring Sports Teams


Question

 

I operate my business as a proprietorship, and I sponsor a local baseball team. I buy the uniforms (our firm name appears on them), bats, balls, and masks, and I even contribute to the fund that pays for the umpires.

 

I get good publicity with this. In fact, the games are reported in the local newspaper.

 

May I deduct the sponsorship costs as advertising? ... Log in to view full article.

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