If the influencers (I still hate that word or the fact that it’s a thing) are making a living from their videos they’d just claim the pass as a tax deduction too. Come to think of it, I wonder if they’d claim their gym memberships already?
Claiming it as a tax deduction doesn’t make it free. It’s basically just a 30% discount, depending on your marginal tax rate.
And if they’re shooting in a gym frequently, I can almost guarantee the answer to that is yes. Film critics deduct every time they go to the movies. Game streamers deduct their games and computer hardware. Why wouldn’t a fitness influencer deduct their gym membership?
If the influencers (I still hate that word or the fact that it’s a thing) are making a living from their videos they’d just claim the pass as a tax deduction too. Come to think of it, I wonder if they’d claim their gym memberships already?
Claiming it as a tax deduction doesn’t make it free. It’s basically just a 30% discount, depending on your marginal tax rate.
And if they’re shooting in a gym frequently, I can almost guarantee the answer to that is yes. Film critics deduct every time they go to the movies. Game streamers deduct their games and computer hardware. Why wouldn’t a fitness influencer deduct their gym membership?