Its tax time, what can we write off? - Page 2 - GoFuckYourself.com

TyroneGoldberg · 02-07-2009, 06:55 PM

Quote:

Originally Posted by zigx

you can write off wear on your car and that includes maintenance and gas

either this or the mileage not both. milage is like 47c a mile.

Ethersync · 02-07-2009, 07:09 PM

Quote:

Originally Posted by AaliyahLove

I write off dildos

Would be quite funny if you got audited and had to go through your sex toy deductions with an IRS agent

AaliyahLove · 02-07-2009, 11:00 PM

Quote:

Originally Posted by Ethersync

Would be quite funny if you got audited and had to go through your sex toy deductions with an IRS agent

I don't think I would find that funny at all

SilentKnight · 02-08-2009, 07:16 AM

Quote:

Originally Posted by Ethersync

Would be quite funny if you got audited and had to go through your sex toy deductions with an IRS agent

Not as funny as the time the wife and I brought a few grand worth of bdsm props and gear we'd bought at Second Skin in New York - over the border into Canada...and Canada Customs decided they wanted to inspect everything.

Turned out - it was also training day for new officers - so we had the pleasure of watching a group of fifteen (or so) Customs people sorting through liquid latex, handcuffs, suspension cuffs, vibrators and an assortment of fetish outfits and whatnot.

Half the stuff had no Customs classification - so they didn't know what category to list it under. When they got to the leather suspension cuffs, the training officer said in exasperation, "Hell...list it under 'women's apparel' - its cheaper duty.

We both laughed our asses off.

Ethersync · 02-08-2009, 02:42 PM

Quote:

Originally Posted by SilentKnight

Not as funny as the time the wife and I brought a few grand worth of bdsm props and gear we'd bought at Second Skin in New York - over the border into Canada...and Canada Customs decided they wanted to inspect everything.

Turned out - it was also training day for new officers - so we had the pleasure of watching a group of fifteen (or so) Customs people sorting through liquid latex, handcuffs, suspension cuffs, vibrators and an assortment of fetish outfits and whatnot.

Half the stuff had no Customs classification - so they didn't know what category to list it under. When they got to the leather suspension cuffs, the training officer said in exasperation, "Hell...list it under 'women's apparel' - its cheaper duty.

We both laughed our asses off.

Funny story

Downtime · 02-08-2009, 03:09 PM

Scripts (ucj, pennywize,tm3, comus, etc)
Software (dreamweaver, photoshop, thumbsplus, etc)
Hosting, Colocation, Bandwidth
Content Purchases
Models , Clothing, Travel expenses related to her getting to the shoot.
Camera / Photo Equipment
Domains
Hosting
Programmers / Hired Help
Interest On Business Credit Cards
Car Payment
Office Rent or % Of House Payment if work from home.
ISP Service (DSL, Cable,DialUp)
Computer Equip. monitor, Servers, Routers, video, sound, capture cards)
TV, VCR, DVD player, Xbox (research and development or hell Break room decor and equip)
Office Equipment (paper, pens, furniture,print materials, decor)
Advertising (print, banner spots, tgp listings, business cards, sig whores, seo, traffic purchases)
CCBILL , Epoch, etc Service Charges, Check Fee's, Wire Fee's
paypal Fee's
Chargebacks, refunds, Lost merchandise / inventory
Purchase of new web properties (websites, domains, etc)
Office Electricity & Water bill
Legal Expenses
Business attire (pimp suits, hawaiian shirts, pants)
Business Lunches (strip clubs, etc) gotta entertain the business partners
Hotel Stay
Merhant Account Fee's and service charges
Authorize.net / itransact etc monthly service
Postage / Shipping / Packaging
Phone (office, cell, etc)
gas
business / car insurance
car maintence
travel expenses (airfare)
printer ink
designers (design jobs, banners, tgp templates)
employee lunches & outings
client lunches / dinners
VEGAS PERIOD!
Visa Registration
Accountant Fee's Service Charges
Office Housekeeping :-)
Business Liceanse
Corp Reg Fee's & Renewals
Resellers Permit
Dry Cleaning Bills
Safe deposit box rental fee / PO BOX
Investment management or investment planner's fees

DWB · 02-08-2009, 05:36 PM

I pretty much write off everything. Been through an audit, never had a problem.

ALL my travel expenses (huge write off), ALL the costs for content production and paying talent (another huge write off), ALL the tech costs for hosting, designing, coders, NATS... you name it! Pens, paper, ink, props & clothes that are used for shoots, STD & HIV testing, all costs involved in editing, authoring, art work & manufacturing DVDs ($4000+ per title), shoot location fees, assistant costs... it's endless. My overhead to do what I do is enormous.

Just think about everything you have to do to run your business. THAT is what you get to write off. Just have some sort of record for it all be it your bank statement, receipts or anything else you can use.

Doctor Feelgood · 01-29-2010, 02:00 PM

Quote:

Originally Posted by Downtime

Scripts (ucj, pennywize,tm3, comus, etc)
Software (dreamweaver, photoshop, thumbsplus, etc)
Hosting, Colocation, Bandwidth
Content Purchases
Models , Clothing, Travel expenses related to her getting to the shoot.
Camera / Photo Equipment
Domains
Hosting
Programmers / Hired Help
Interest On Business Credit Cards
Car Payment
Office Rent or % Of House Payment if work from home.
ISP Service (DSL, Cable,DialUp)
Computer Equip. monitor, Servers, Routers, video, sound, capture cards)
TV, VCR, DVD player, Xbox (research and development or hell Break room decor and equip)
Office Equipment (paper, pens, furniture,print materials, decor)
Advertising (print, banner spots, tgp listings, business cards, sig whores, seo, traffic purchases)
CCBILL , Epoch, etc Service Charges, Check Fee's, Wire Fee's
paypal Fee's
Chargebacks, refunds, Lost merchandise / inventory
Purchase of new web properties (websites, domains, etc)
Office Electricity & Water bill
Legal Expenses
Business attire (pimp suits, hawaiian shirts, pants)
Business Lunches (strip clubs, etc) gotta entertain the business partners
Hotel Stay
Merhant Account Fee's and service charges
Authorize.net / itransact etc monthly service
Postage / Shipping / Packaging
Phone (office, cell, etc)
gas
business / car insurance
car maintence
travel expenses (airfare)
printer ink
designers (design jobs, banners, tgp templates)
employee lunches & outings
client lunches / dinners
VEGAS PERIOD!
Visa Registration
Accountant Fee's Service Charges
Office Housekeeping :-)
Business Liceanse
Corp Reg Fee's & Renewals
Resellers Permit
Dry Cleaning Bills
Safe deposit box rental fee / PO BOX
Investment management or investment planner's fees

wow, good list.

anything new this year we should know about???

D Ghost · 01-29-2010, 03:19 PM

You can write off your face as a business expense.

BTW, great list Downtime!

Doctor Feelgood · 03-18-2010, 12:25 PM

can i write off an EMF protector called Safe Space?

Adraco · 03-18-2010, 03:16 PM

Quote:

Originally Posted by DirtyWhiteBoy

Just think about everything you have to do to run your business. THAT is what you get to write off. Just have some sort of record for it all be it your bank statement, receipts or anything else you can use.

A good rule to go by is that you can generally take up all expenses that you had to pay to be able to earn some money. Like hosting, or you couldn't sell your content. Pens, computers, epass fees and so on, or you couldn't run your business. If you had an expense that was necessary in order for you to earn money, it's generally something you can deduct from your earnings which will in turn make you show lower profits, and after all you're taxed upon the amount of profit you made.

fl_prn_str · 03-18-2010, 06:24 PM

donations to charitable organizations comes to mind

baddog · 03-18-2010, 06:27 PM

Did you incorporate yet? If not, why not?

aniloscash · 03-18-2010, 08:17 PM

Quote:

Originally Posted by TSGlider

You're in marketing and promotion so you can write off your cable bill, your movie receipts, etc.

I dont think they are going to go for the cable bill. But internet access should be a write off.

Tjeezers · 03-19-2010, 12:43 PM

I think a donation to WebmasterToyRun is also possible to write off?

james_clickmemedia · 03-19-2010, 12:59 PM

visit to strip club for "recruiting" purposes.

02-08-2009, 03:09 PM	#56
Downtime Confirmed User Industry Role: Join Date: May 2004 Location: America. Posts: 7,320	Scripts (ucj, pennywize,tm3, comus, etc) Software (dreamweaver, photoshop, thumbsplus, etc) Hosting, Colocation, Bandwidth Content Purchases Models , Clothing, Travel expenses related to her getting to the shoot. Camera / Photo Equipment Domains Hosting Programmers / Hired Help Interest On Business Credit Cards Car Payment Office Rent or % Of House Payment if work from home. ISP Service (DSL, Cable,DialUp) Computer Equip. monitor, Servers, Routers, video, sound, capture cards) TV, VCR, DVD player, Xbox (research and development or hell Break room decor and equip) Office Equipment (paper, pens, furniture,print materials, decor) Advertising (print, banner spots, tgp listings, business cards, sig whores, seo, traffic purchases) CCBILL , Epoch, etc Service Charges, Check Fee's, Wire Fee's paypal Fee's Chargebacks, refunds, Lost merchandise / inventory Purchase of new web properties (websites, domains, etc) Office Electricity & Water bill Legal Expenses Business attire (pimp suits, hawaiian shirts, pants) Business Lunches (strip clubs, etc) gotta entertain the business partners Hotel Stay Merhant Account Fee's and service charges Authorize.net / itransact etc monthly service Postage / Shipping / Packaging Phone (office, cell, etc) gas business / car insurance car maintence travel expenses (airfare) printer ink designers (design jobs, banners, tgp templates) employee lunches & outings client lunches / dinners VEGAS PERIOD! Visa Registration Accountant Fee's Service Charges Office Housekeeping :-) Business Liceanse Corp Reg Fee's & Renewals Resellers Permit Dry Cleaning Bills Safe deposit box rental fee / PO BOX Investment management or investment planner's fees __________________ #27024067

03-18-2010, 12:25 PM	#60
Doctor Feelgood Confirmed User Industry Role: Join Date: Nov 2005 Location: RI Posts: 2,112	can i write off an EMF protector called Safe Space? __________________ SUBMIT PORN BLOGS HERE SUBMIT PORN STAR GALLERIES Partner accounts for sale ICQ 467879053 Trade Traffic Trade Hardlinks Dot Com Auction Myspace Blog Now Hiring My network is in need of clean, honest, good traders for different niches. Contact Last edited by Doctor Feelgood; 03-18-2010 at 12:27 PM..

03-19-2010, 12:43 PM	#65
Tjeezers Webmaster Industry Role: Join Date: Mar 2007 Location: BP4L - NL/RO Posts: 16,572	I think a donation to WebmasterToyRun is also possible to write off? __________________ Enroll in the SWAG Affiliate Asian Live Cam Program and get 9 free quality linkbacks from my network! Wanna see how old school I am? Look at this! All my Cam Review Sites are here!

03-19-2010, 12:59 PM	#66
james_clickmemedia Confirmed User Join Date: Apr 2003 Location: Texas / London Posts: 2,204	visit to strip club for "recruiting" purposes. __________________ $ CLICKMEMEDIA.COM $ CONVERTING ETHNIC TRAFFIC SINCE 1998 ~ $30+PPS BLACK-X.COM - NEW BLACK EX-GF SITE CLICKMEMEDIA.COM ~ ICQ - 8788771

02-08-2009, 05:36 PM	#57
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	I pretty much write off everything. Been through an audit, never had a problem. ALL my travel expenses (huge write off), ALL the costs for content production and paying talent (another huge write off), ALL the tech costs for hosting, designing, coders, NATS... you name it! Pens, paper, ink, props & clothes that are used for shoots, STD & HIV testing, all costs involved in editing, authoring, art work & manufacturing DVDs ($4000+ per title), shoot location fees, assistant costs... it's endless. My overhead to do what I do is enormous. Just think about everything you have to do to run your business. THAT is what you get to write off. Just have some sort of record for it all be it your bank statement, receipts or anything else you can use.

01-29-2010, 03:19 PM	#59
D Ghost null Industry Role: Join Date: May 2006 Posts: 9,820	You can write off your face as a business expense. BTW, great list Downtime!

03-18-2010, 06:24 PM	#62
fl_prn_str Confirmed User Industry Role: Join Date: Aug 2004 Location: Tampa, FL Posts: 5,736	donations to charitable organizations comes to mind

03-18-2010, 06:27 PM	#63
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	Did you incorporate yet? If not, why not?