Tax deductions and Youtube

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kevm14
Posts: 15598
Joined: Wed Oct 23, 2013 10:28 pm

Tax deductions and Youtube

Post by kevm14 »

While I was watching this crazy dude drive his new lawn tractor back home (https://www.youtube.com/watch?v=U8b_M6pMv8s) he mentioned something interesting. He claims his accountant told him that because it was on Youtube, the purchase was tax deductible. I assume the claim is that Youtube videos are a business and business expenses are tax deductible.

Some research revealed this link which has some good information:
http://www.reelseo.com/tax-deductions-us-youtubers/

Side note about this guy driving his new machine home from the store:
http://www.prnewswire.com/news-releases ... 11074.html

EDIT: that is not the article I actually was looking for. Apparently driving lawn tractors on the road is a thing.
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