TAX Time - Question - looking for answer

[dadster]

Hi,

With tax time upon us - I was wondering whether good old Uncle Sam - or rather the IRS allows private individuals claim domain registrations as part of business expense deductions.

Anybody have any idea?

Thanks,

Frank

 

[linkdomain]

yes the reg fees are a business expenses. if you are not incorporated then you would file a sch c, where you would list your business revenue and the related expenses. you are taxed on your net profit.