View Single Post
Old 04-04-2008, 03:14 AM   · #58
fatter
NamePros Regular
 
Trader Rating: (0)
Join Date: Jun 2007
Posts: 392
NP$: 0.00 (Donate)
fatter is an unknown quantity at this point
Originally Posted by DnPresident
(Knock On Wood) I guess I got lucky, The tax preparer knew what a domain name and domain parking was. She said it would be a schedule C and that she would call me when their finished.

I gave her the income and all the expenses, seemed pretty cut and dry. I just hope to come out somewhere close to even.




how did your accountant claim your sales if you had them, the IRS agents told me there are 2 ways to file them depending on the situation, either treat them as inventory in your schedule C, or treat them as long/short term capitol gain depending if its just an intermittent sale or not


Please register or log-in into NamePros to hide ads
fatter is offline   Reply With Quote
Site Sponsors
Website Header Design Hunting Moon Hunting Moon
Advertise your business at NamePros
All times are GMT -7. The time now is 01:31 PM.


Powered by: vBulletin Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.