Have you ever thought about buying season tickets to the games of your favorite football, basketball, baseball, hockey, soccer, or other team?
If you want to do so, you’ll have to buy a Personal Seat License (PSL). (It’s the license that grants you the right to buy the season tickets.)
If you’re thinking about using the sports tickets for business entertainment purposes you’d better get answers to questions like these:
- Can you claim tax deductions for the cost of the PSL?
- Is the PSL a capital asset that doesn’t produce tax deductions until it is sold?
- Can you claim tax-deductible safe harbor amortization over 15 years?
Want to know more about these important issues? Don’t miss my new article titled Tax Tips: Tax Deduction for My Personal Seat License.
Three ways our fact-filled article can help you:
- We’ll explain the ins and outs of Personal Seat Licenses. Now’s the time to find out how PSLs work… before you spend a ton of money on tickets. We’ll tell you how the game is played when you read the full article.
- You’ll learn what the IRS has to say (or doesn’t have to say!) about PSLs. Who has the last word on the subject? Why Uncle Sam of course! You’ll find out what he’s thinking when you read the full article.
- We’ll tell you the one thing you should do before you get a Personal Seat License. It may cost you a few dollars but it’s well worth the money. You’ll get the whole story when you read the full article.