Sponsor Some Creative Social Events

You can sponsor tax-deductible social events as a form of advertising.  As an example, you could sponsor a little league team.  You can put your company's name on the backs of their uniforms, and write off the cost of uniforms, transportation and so forth.  You can sponsor virtually any type of activity, as long as you can show the IRS that you used it for advertising purposes.  For little league sponsorships, you should take pictures of the kids going to the ballgames and playing in their uniforms, clearly showing your company name.

	Sponsor Some Creative Social Events   Time to complete:   Varies Money you'll spend:   Supplies and catering costs What you'll get:   Hundreds of dollars (28% of expenses, if you're in that bracket.) List of Creative Sponsorships:  Sponsor a little-league club. Host a gaming or sporting tournament. Hold a business convention for your business associates. Give out a yearly award, and host an award dinner for the winner. Sponsored Links Further Reading: Tax And Accounting Sites Directory, listing a large number of online tax sites. Tax Magazines to help you save on taxes, 90-day risk-free trials available. J.K. Lasser's Tax Deductions for Your Small Business, a top-rated book now available at Amazon.com.  It shows small business owners exactly how to minimize their tax bite, while maintaining legal and accurate records.

More pages in this section:
	1. Fringe benefits
	2. Home office
	3. Equipment costs
	4. Hire your kids
	5. Travel costs
You are here...	6. Sponsor events
(...	7. Dining expenses
	8. Business Taxes Links
Also see:   10Money Home   Site Map & Summary

Copyright (c) 1998-2007 Ark Royal Software. Legal Notice, Disclaimer and Terms Of Use