homepage Welcome to WebmasterWorld Guest from 107.20.25.215
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / WebmasterWorld / Professional Webmaster Business Issues
Forum Library, Charter, Moderators: LifeinAsia & httpwebwitch

Professional Webmaster Business Issues Forum

    
How to deduct Domain fees
Nova




msg:787255
 8:41 pm on Feb 21, 2005 (gmt 0)

Hello,

I hope someone can help me with this. In August last year I bought a few domain names, and now I want to deduct the expense. However, I realize that I paid for the whole year to the domain registar.

How do you deduct the domain name expenses? Can I deduct the total amount or I can claim just a half of it since the purchase took place in the middle of the financial year?

Please anyone?
Nova

 

diamondgrl




msg:787256
 8:54 pm on Feb 21, 2005 (gmt 0)

Deduct the full amount on your US taxes. It's a business expense, half year or not.

incrediBILL




msg:787257
 9:02 pm on Feb 21, 2005 (gmt 0)


FYI, I prepaid my primary domains for years in advance.

Why? Just ask a several of my customers that lost their ecommerce domain names when they forgot to renew and had them hijacked last year.

Nova




msg:787258
 10:14 pm on Feb 21, 2005 (gmt 0)

Thank you!
Nova

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / WebmasterWorld / Professional Webmaster Business Issues
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved