How do I count sponsoring an event if I was partially paid for it? I only charged part of my fee and was listed as a sponsor for the event for the rest of the fee?
Do I pay taxes on prizes that sponsors provide to my event business (LLC) and I then give directly to customers?
As a small business can I write or deduct anything if I sponsor a local athlete? Examples Reg Fees, Clothing? So long as they were advertising for my business?