{"id":225754,"date":"2024-01-23T16:25:20","date_gmt":"2024-01-23T16:25:20","guid":{"rendered":"https:\/\/www.markperlbergcpa.com\/?p=225754"},"modified":"2024-01-23T16:27:08","modified_gmt":"2024-01-23T16:27:08","slug":"how-to-achieve-fiscal-and-physical-fitness-in-2024","status":"publish","type":"post","link":"https:\/\/prosperlcpa.com\/blog\/2024\/01\/how-to-achieve-fiscal-and-physical-fitness-in-2024\/","title":{"rendered":"HOW TO ACHIEVE FISCAL AND PHYSICAL FITNESS IN 2024"},"content":{"rendered":"<p class=\"p1\">If Fiscal AND Physical fitness are your resolutions for 2024, think about establishing a business gym for your employees<span class=\"s1\"> on your business premises, or in a separate building, to create a tax deduction<\/span>.<span class=\"Apple-converted-space\">\u00a0 <\/span>Not only can this provide you with a tax deduction, but it also gives tax-free benefits to your employees.<\/p>\n<p class=\"p2\">If you have no employees, you don\u2019t qualify for the tax-free fringe gym benefit\u2014and no, you cannot deduct your gym membership (even for medical purposes). Also, you likely can\u2019t deduct a gym that is in your house, even if you have a tax-deductible principal office in your home with several employees working there.<\/p>\n<p class=\"p3\">Your rank-and-file employees and their families must use the gym more than the officers, shareholders, and highly compensated employees and their families do. When you achieve the primary-purpose result above, your business gets the tax deduction, and you and your employees use the gym tax-free.<\/p>\n<p class=\"p5\">Interested in this deduction or looking for ways to maximize your profits?<\/p>\n<p class=\"p6\"><b>We welcome you to take advantage of a free discovery session by visiting<\/b> <span class=\"s2\"> <a href=\"https:\/\/calendly.com\/d\/46r-49m-93k\/10-minute-intro-call\"><span class=\"s3\">New Client Application<\/span><\/a><\/span><span class=\"s4\">\u00a0or\u00a0<a href=\"https:\/\/calendly.com\/d\/46r-49m-93k\/10-minute-intro-call\"><span class=\"s5\">https:\/\/calendly.com\/d\/46r-49m-93k\/10-minute-intro-call<\/span><\/a><\/span><span class=\"s6\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If Fiscal AND Physical fitness are your resolutions for 2024, think about establishing a business gym for your employees on your business premises, or in a separate building, to create a tax deduction.\u00a0 Not only can this provide you with a tax deduction, but it also gives tax-free benefits to your employees. If you have no employees, you don\u2019t qualify for the tax-free fringe gym benefit\u2014and no, you cannot deduct&#8230; <a class=\"more-link\" href=\"https:\/\/prosperlcpa.com\/blog\/2024\/01\/how-to-achieve-fiscal-and-physical-fitness-in-2024\/\">Read More<a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[],"class_list":{"0":"post-225754","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"entry"},"_links":{"self":[{"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/posts\/225754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/comments?post=225754"}],"version-history":[{"count":0,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/posts\/225754\/revisions"}],"wp:attachment":[{"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/media?parent=225754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/categories?post=225754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/tags?post=225754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}