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

Would be quite funny if you got audited and had to go through your sex toy deductions with an IRS agent :1orglaugh

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

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 :1orglaugh

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

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.

wow, good list.

anything new this year we should know about???

You can write off your face as a business expense.


BTW, great list Downtime!

can i write off an EMF protector called Safe Space?

:thumbsup:thumbsup

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.

donations to charitable organizations comes to mind

Did you incorporate yet? If not, why not?

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

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

visit to strip club for "recruiting" purposes.