Can I Write This Off?

Can I write off a business coach?

TL;DR

Yes, you can write off a business coach as a deductible business expense if it is ordinary and necessary for your trade or business.

Detailed Answer

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.

Where to Put It on the Tax Form

Report this deduction on Schedule C (Form 1040) under 'Other Expenses'.

Real World Example

A freelance graphic designer hires a business coach to help develop a marketing strategy to attract more clients. The cost of the coaching sessions is deductible as a business expense.

Audit Risk & Documentation Tips

To minimize audit risk, keep detailed records of the coaching sessions, including invoices, contracts, and a description of how the coaching relates to your business. Document the business purpose and outcomes of the coaching to support its necessity.

IRS Reference

IRS Publication 535, Business Expenses

Relevant Industries

Small BusinessEntrepreneursConsultantsFreelancers

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Disclaimer: This is for informational purposes only and should not be construed as tax or legal advice. Always consult your tax advisor.

Page created on July 7, 2025

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