Can I write off a business coach?

The cost of a business coach can be deducted as a business expense if it is considered ordinary and necessary for your business. This means the coaching must be common and accepted in your industry and helpful for your business operations. For example, if a small business owner hires a coach to improve leadership skills or business strategies, this expense can be deductible. However, if the coaching is more personal in nature or not directly related to the business, it may not qualify.