0:47

In this informal YouTube monologue, Mark Kohler explains that logo‑branded clothing can be deducted as a business expense, provided it is used in a bona‑fide business context. He extends the discussion to travel, meals, and incidental costs (like beers) incurred when attending events such as concerts, emphasizing that these are deductible only if the primary purpose is business—e.g., meeting vendors or customers and securing future deals. While the concert ticket itself is classified as entertainment and is not deductible, any business activity conducted while wearing the branded shirt makes the apparel a valid write‑off. Kohler encourages entrepreneurs to use branded apparel as a conversation starter to facilitate deal‑making.

Chapters

More from MARK

0:24
youtube.com

Why you need both a Will and a Trust #estateplanning #finance #wealth

4w ago
0:45
youtube.com

Why you need a living trust 📝 #estateplanning #trusts #moneytips

4w ago
0:33
youtube.com

The easiest way to track your business profit #quickbooks #smallbiz

4w ago
0:53
youtube.com

How To Be A Real Estate Professional (IRS Rules) #investing #taxes

1mo ago
0:27
youtube.com

The secret to managing your family's future #financialfreedom #estateplanning #shorts

1mo ago
0:35
youtube.com

Your Trust Is Worthless If You Don't Do This

1mo ago
0:49
youtube.com

Moving Property to an LLC: What They Don't Tell You #realestate #investing #tips

1mo ago
0:29
youtube.com

Simple steps to true asset protection #protection #wealth

1mo ago
0:26
youtube.com

How to build a real business foundation #entrepreneur #growth

1mo ago
1:18
youtube.com

Don't Pay Capital Gains Tax on Your Home Sale #taxes #realestate

1mo ago
0:35
youtube.com

Why millionaires don't pay crypto taxes #wealth #crypto #finance

1mo ago
See all content