You can't write off missed appointments as lost income

Name: You can't write off missed appointments as lost income
Duration: 56 s
Description: You can only deduct money you actually made and lost, not income you never received from no-shows.

2 views·👍 0

Missed appointments that cost you potential income — can you deduct that as a business loss? TJ tackles this surprisingly common tax myth and explains the fundamental reason the IRS doesn't allow it, plus the obvious problem that would make any such deduction impossible to verify.

Want TJ to look at your taxes?

Videos are the free stuff. The real savings happen one on one.

Book time with TJ →