Coaching Fees Tax Deductions

Fees paid to business coaches, executive coaches, and career coaches are deductible when the coaching relates to your current business or profession.

coachingexecutive coachingbusiness coachingmentoring

check_circleWhat You Can Deduct

  • checkExecutive coaching retainers
  • checkBusiness strategy coaching sessions
  • checkSales coaching and training
  • checkLeadership development coaching
  • checkGroup coaching program fees
  • checkCoaching platform subscriptions

lightbulbTips for Keeping Records

  • tips_and_updatesPersonal life coaching is generally not deductible — it must be business-focused
  • tips_and_updatesGet itemized invoices describing the business nature of each session
  • tips_and_updatesGroup programs and masterminds with a business focus are also deductible
  • tips_and_updatesDocument specific business goals addressed in coaching sessions

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