E30
Level 1

Team Sponsorship

I am the coach or a Mountain Bike team and own an engineering business S-corp.

I regularly do rides with the team and my bike can be seen at races and practices by potential customers.

If I sponsor the team where they put my logo on their jerseys and I put my company name on my mountain bike, is it reasonable to write of things like the cost of my bike, gear, maintenance and the sponsorship money?

 

Thanks