Quote:
Originally Posted by Sly
Now that I think about it... that could be wrong considering that vendor will not be claiming that money as income because they never see it. Who gets that money anyway? One of the banks. I suppose it would go under the "fees" category. Now I have no idea.
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This is true. Although the some of the vendors in my case are European based so they wouldn't be declaring anything to the IRS anyways, but you are right, the income is going to the banks so it's probably more accurate to label it under "legal fees" and although it would be more practical and easier to include it under "advertising" although that would be less accurate (even though it is indeed a fee associated with the advertising cost). I will go ahead and change it under fees.