Tax Deductions We Love to Hate (And Why You Should Think Twice Before Writing It Off)
Just because it showed up on your TikTok feed doesn’t mean it’s deductible.
In this episode, Caitlynn and Seanna are breaking down the tax deductions that sound amazing in theory but usually turn into paperwork, red flags, or a big old “no” from your tax pro. We’re talking about security dogs, meals, makeup, Augusta Rule madness, and everyone’s favorite: the overhyped S Corp election.
Here’s what we get into:
- Why that country club membership won’t save you at tax time (even if it’s “for networking”)
- The truth about meals and how that $8 latte could cost you more than you think
- Why your glam squad isn’t a tax write-off (unless you’re Beyoncé)
- The security dog deduction: real if you’re a security company, risky if your dog’s main talent is napping
- Why the Augusta Rule can be useful but is often abused—and how to avoid doing it wrong
- The S Corp trap: how it helps, when it hurts, and what too many people get wrong when electing early
If you’ve ever asked “Can I deduct this?”—this one’s for you.
Want tax advice that works in real life, not just in influencer videos? Book a call today and we’ll help you build a tax strategy that actually sticks.
