Biz Write-Offs LogoBiz Write-Offs

Sponsoring a local sports team

$250-$5,000

Can You Write Off Sponsoring a Local Sports Team?

Short answer: Yes when you get advertising in return, like your logo on jerseys or a banner.

Without advertising, it may be a charitable gift instead.

Records to keep: Keep receipts or invoices, proof of payment, and a short note of the business purpose.