Can I deduct the expenses for bodybuilding competitions (food, competition fees, clothing) because I work at a gym and competing helps me to attract gym clients?
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Can I deduct the expenses for bodybuilding competitions (food, competition fees, clothing) because I work at a gym and competing helps me to attract gym clients?
Can I deduct the expenses for bodybuilding competitions (food, competition fees, clothing) because I work at a gym and competing helps me to attract gym clients?
Per the IRS, you can deduct all ordinary and necessary business expenses.
That is to say, if your expense is common and accepted in your business,
and helpful and appropriate, you can
deduct it
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