Questions a Fitness & Health Coach Should Ask a Tax Strategist

[vc_row][vc_column][vc_column_text css=”.vc_custom_1619662477133{margin-bottom: 0px !important;}”][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text css=”.vc_custom_1619662639060{margin-bottom: 0px !important;}”]Every fitness & health coach should ask a tax strategist questions so they can plan sooner rather than later for expansion and growth. You want to save that money you’re making!

Ever wish you could ask:

  1. Can I deduct my fitness clothing/shoes I wear to train clients or make videos?
  2. Can I deduct my hair and nail appointments if it’s prior to a work event or a video shoot for social media or a product?
  3. How much of my house can I deduct if it’s my home office and I also shoot videos in dedicated spaces?
  4. I’ve just recently started personal training as a solo entrepreneur. I take cash, check, Venmo and PayPal payments, what do I need to do so I have records for taxes?
  5. I’ve heard its bad to show a loss in your business for consecutive years, outside of the pandemic, is that true and what can happen?
  6. What do I need to know so I can keep more of the money I make?
  7. Do you recommend using QuickBooks?
  8. Do you recommend a bookkeeper? And How much does that cost, if so?
  9. If I run a digital business and can live anywhere, are there places that are more and less advantageous to live from a tax perspective?
  10. I remember there being some kind of tax strategy about hiring your minor kids to work for you, can you explain that?
  11. What are the biggest mistakes health & fitness coaches make when it comes to tax strategy?

You’re in luck because during May and June Fitness Marketing Mastery and Flipping 50’s Build Your Business Mastermind Masterclass is hosting two lawyers and a tax strategist so you CAN ask your fitness and health coach questions.

Plus, if you’re stumped for what to ask, I’ve got you covered. I will asking.

Ask a tax strategist for yourself. 

You’re Invited!

Fitness Business Support | Legal & Taxes Masterclass Bundle

REGISTER HERE: Flippingfifty.com/taxmc

Episodes you also might like:

Show up When You’re Not Selling Fitness Services

Always Let Them Know You Sell (without selling!)

Resources:

Flipping 50 Fitness Specialist

Learn More About the Mastermind

Don’t Miss All the April Fitness Marketing & Selling 2021 streak! Starting with this episode on April 1:

It’s NOT “Do More,” Not Even in 2021.

You can find them all on iTunes or at fitnessmarketingmastery.com/old2021[/vc_column_text][/vc_column][/vc_row]

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