Tax Deduction Checklist for Yoga & Pilates Studios

Helping yoga and Pilates studio owners stay organized with their business expenses ensures they maximize deductions when working with your CPA. Below is a comprehensive checklist to track eligible business expenses throughout the year.

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How Can You Use This Template?

Use this template to identify deductible expenses, organize records, and maximize tax savings for your yoga or Pilates studio efficiently and accurately.

Studio Rent & Utilities

Deduct expenses for rent, electricity, water, and internet used for business operations.

Equipment & Supplies

Yoga mats, reformers, props, sound systems, cleaning supplies, and other essential studio equipment are tax-deductible.

Marketing & Advertising

Expenses for website hosting, social media ads, business cards, and other promotional materials can be written off.

Professional Fees & Insurance

Liability insurance, accounting services, legal fees, and industry memberships may qualify as deductions.

Pro Tip: Keep detailed records and receipts to maximize your tax savings!

Managing your taxes efficiently can help you save money and reduce your taxable income. Use this checklist to identify key deductible expenses for your studio.

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