I am self-employed/own my own biz (Web Dev/Marketing), and am thinking of sponsoring our team this year (never had one before), IF I can write it off as deductable expense (like my office/mileage is). My wife/accountant thinks this may be deductable at this level. Wondering...
* Any one else in this situation that does it (Plumbers, Carpenters, etc.)?
* What expenses are deductable? Fees? Shirts? Equipment? Would <3 to buy some nice bats for team and write them off! (Probably wishful thinking...)
* Documentation required? Would think so...
Any other info/experience on the subject/related is appreciated...
* Any one else in this situation that does it (Plumbers, Carpenters, etc.)?
* What expenses are deductable? Fees? Shirts? Equipment? Would <3 to buy some nice bats for team and write them off! (Probably wishful thinking...)
* Documentation required? Would think so...
Any other info/experience on the subject/related is appreciated...