So can you consider a gym membership part of your business expenses? - GoFuckYourself.com

Shaze · 11-27-2007, 08:59 PM

Can a gym membership count as a business expense. Granted we spend most of our time sitting our asses in front of a computer, and need some way to exercise and keep our business medical bills lower by keeping an active lifestyle? Don't other business have that sort of thing for employees? Gym memberships, etc...

Seriously though, can this be deducted as a business expense??

After Shock Media · 11-27-2007, 09:04 PM

I wouldnt if I were you unless you particularly like raising audit flags.

Now of course some will say sure go for it. They also will deduct the family pet as business security and other crazy shit. Seems nice to save a few bucks each year but once you have gone though an audit that 300.00 saved isnt worth it.

One exception would be if you are talent, then I could see the possibility of a gym membership.

As for home gym equipment, again it would be near impossible to show that its not for personal usage, well unless it is in your office that is not part of your home.

tony286 · 11-27-2007, 09:07 PM

ask your accountant

commonsense · 11-27-2007, 09:11 PM

If you are modeling, performing or producing, absolutely. Ask your accountant for sure.

CarolCox · 11-27-2007, 09:12 PM

I wrote my gym membership and my personal trainer off for years, and it even passed an audit

But I was "talent" as well as owner of the company.

Carol xoxoxo

Sosa · 11-27-2007, 09:22 PM

I wouldn't do it as a webmaster

Sly · 11-27-2007, 09:24 PM

I would ask your accountant.

The way I see it... assuming that you have a corporation... your corporation is a business that has employees. All corporations offer extra benefits to their employees. You are an employee of your corporation.

Now how much of that you can write off would be up to what your accountant thinks...

CIVMatt · 11-27-2007, 09:25 PM

It is if you send your models there

Thurbs · 11-27-2007, 09:25 PM

I dont do it for taxes, but i do on my budget. its hard to be healthy without it in front of a computer alot. im not blessed with high metabolism, so its a must

V_RocKs · 11-27-2007, 10:13 PM

I wouldn't put it down unless you like getting ass raped.

11-27-2007, 10:15 PM

It might not be a smart writeoff, but in some instances, a health insurance company will pass along a break as your health saves them $$ in the long run.

WiredGuy · 11-27-2007, 10:17 PM

If you're content, sure.
If not, good luck in the audit.
WG

CC · 11-27-2007, 11:23 PM

I wouldn't.

woj · 11-27-2007, 11:28 PM

You could in theory claim that you recruit models from there, but good luck with that...

martinsc · 11-27-2007, 11:31 PM

as a model - yes
as a webmaster - don't ...

DaddyHalbucks · 11-27-2007, 11:58 PM

Perhaps, but it would increase the risk of an audit. Is it worth it?

BAKO · 11-28-2007, 12:24 AM

Quote:

Originally Posted by tony404

ask your accountant

stev0 · 11-28-2007, 01:26 AM

Why is everyone so afraid of audits? If you have nothing to hide it's no big deal...

Enemator · 11-28-2007, 03:31 AM

Quote:

Originally Posted by Sly

I would ask your accountant.

The way I see it... assuming that you have a corporation... your corporation is a business that has employees. All corporations offer extra benefits to their employees. You are an employee of your corporation.

Now how much of that you can write off would be up to what your accountant thinks...

That's the way you see it. But there's a big difference between the way you see it and the way it looks on paper.

Enemator · 11-28-2007, 03:31 AM

Quote:

Originally Posted by stev0

Why is everyone so afraid of audits? If you have nothing to hide it's no big deal...

It's about going through the hassle.

Vick! · 11-28-2007, 03:42 AM

No, its my personal expense.

Why don't you try something else if you want to increase business expense? How much $100 a month gym membership is gonna save you?

11-27-2007, 08:59 PM	#1
Shaze Confirmed User Join Date: Oct 2003 Location: Cyberspace Posts: 2,662	So can you consider a gym membership part of your business expenses? Can a gym membership count as a business expense. Granted we spend most of our time sitting our asses in front of a computer, and need some way to exercise and keep our business medical bills lower by keeping an active lifestyle? Don't other business have that sort of thing for employees? Gym memberships, etc... Seriously though, can this be deducted as a business expense?? __________________ Adult Search Engine Japanese Porn Thai Porn

11-27-2007, 09:04 PM	#2
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	I wouldnt if I were you unless you particularly like raising audit flags. Now of course some will say sure go for it. They also will deduct the family pet as business security and other crazy shit. Seems nice to save a few bucks each year but once you have gone though an audit that 300.00 saved isnt worth it. One exception would be if you are talent, then I could see the possibility of a gym membership. As for home gym equipment, again it would be near impossible to show that its not for personal usage, well unless it is in your office that is not part of your home. __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

11-27-2007, 09:24 PM	#7
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,322	I would ask your accountant. The way I see it... assuming that you have a corporation... your corporation is a business that has employees. All corporations offer extra benefits to their employees. You are an employee of your corporation. Now how much of that you can write off would be up to what your accountant thinks... __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

11-27-2007, 09:25 PM	#8
CIVMatt Amateur Pimpin Industry Role: Join Date: Aug 2004 Location: Orlando, FL Posts: 13,075	It is if you send your models there __________________ Make easy money with Webcams

11-27-2007, 10:17 PM	#12
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,468	If you're content, sure. If not, good luck in the audit. WG __________________ I play with Google.

11-27-2007, 09:07 PM	#3
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	ask your accountant

11-27-2007, 09:11 PM	#4
commonsense So Fucking Banned Join Date: Feb 2007 Posts: 1,790	If you are modeling, performing or producing, absolutely. Ask your accountant for sure.

11-27-2007, 09:12 PM	#5
CarolCox The Original WebGirl! Industry Role: Join Date: Mar 2003 Location: Green Valley, ON, CA Posts: 325	I wrote my gym membership and my personal trainer off for years, and it even passed an audit But I was "talent" as well as owner of the company. Carol xoxoxo

11-27-2007, 09:22 PM	#6
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	I wouldn't do it as a webmaster

11-27-2007, 09:25 PM	#9
Thurbs The Thrilla in Manila Join Date: Sep 2004 Location: Thurbs' Lagoon, Christmas Island Posts: 4,785	I dont do it for taxes, but i do on my budget. its hard to be healthy without it in front of a computer alot. im not blessed with high metabolism, so its a must

11-27-2007, 10:13 PM	#10
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,409	I wouldn't put it down unless you like getting ass raped.

11-27-2007, 10:15 PM	#11
shermo Guest Posts: n/a	It might not be a smart writeoff, but in some instances, a health insurance company will pass along a break as your health saves them $$ in the long run.

11-27-2007, 11:23 PM	#13
CC Confirmed User Join Date: Feb 2001 Posts: 1,690	I wouldn't.

11-27-2007, 11:28 PM	#14
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	You could in theory claim that you recruit models from there, but good luck with that... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

11-27-2007, 11:31 PM	#15
martinsc Too lazy to set a custom title Industry Role: Join Date: Jun 2005 Location: 127.0.0.1 Posts: 27,047	as a model - yes as a webmaster - don't ... __________________ Make Money

11-27-2007, 11:58 PM	#16
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	Perhaps, but it would increase the risk of an audit. Is it worth it? __________________ Boner Money

11-28-2007, 01:26 AM	#18
stev0 Confirmed User Join Date: Aug 2003 Location: Calgary, Alberta Posts: 6,801	Why is everyone so afraid of audits? If you have nothing to hide it's no big deal...

11-28-2007, 03:42 AM	#21
Vick! Confirmed User Industry Role: Join Date: Nov 2005 Location: 20 00'24.00" N, 75 09'00.00 W Posts: 6,882	No, its my personal expense. Why don't you try something else if you want to increase business expense? How much $100 a month gym membership is gonna save you?