| Overlooked Tax Deductions & Credits For Trainers & | | | | both "ordinary and necessary" -- or basically common |
| Gyms | | | | & appropriate for your trade or business. In the case |
| By The BIDaWIZ Team - January 26, 2010 | | | | of a self-employed fitness professional or personal |
| As a self employed personal trainer or fitness gym | | | | trainer common business deductions include: music |
| owner, managing the business can get quite | | | | tapes, insurance, business-related meals, federal/state |
| overwhelming especially when you throw taxes in the | | | | local taxes, interest on any debt, rent expense, |
| mix. Below, we've provided a listing of some tax | | | | retirement plans, travel expenses for business |
| deductions & credits that are often | | | | purposes, office supplies, communication mediums |
| overlooked.confused personal trainer taxes | | | | (phone, cell, fax, TVs), promotional/advertising |
| Let's First Start With the Typical Tax Deductions | | | | expenses, and health insurance. |
| As the IRS states, all business deductions must be | | | | |