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I have a tax questions regarding domain names.
How do you expense a large domain purchase?
Each domain as an "intangible asset" to be amortized over 15 years?
or just enter each domain as a misc. expense?
or expensed as something else?
Any help would be greatly appreciated.
How do you expense a large domain purchase?
Each domain as an "intangible asset" to be amortized over 15 years?
or just enter each domain as a misc. expense?
or expensed as something else?
Any help would be greatly appreciated.