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  1. James Iles

    information Top Topics: This Phishing Scam Targets Domain Owners; Should I Partner With a Business?...

    In this week's Top Topics, a domain investor is looking for advice on writing off domain purchases in a tax return. Elsewhere, there's a phishing scam targeting domain name owners and registrar GoDaddy acquires DNAcademy. Advice Needed: Taxes for Domain Purchases Domain names and taxes have...
  2. James Iles

    information Top Topics: This Phishing Scam Targets Domain Owners; Should I Partner With a Business?...

    In this week's Top Topics, a domain investor is looking for advice on writing off domain purchases in a tax return. Elsewhere, there's a phishing scam targeting domain name owners and registrar GoDaddy acquires DNAcademy. Advice Needed: Taxes for Domain Purchases Domain names and taxes have...
  3. TangoTango

    news Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS as Biden plans to ramp up financial enforcement

    https://www.dailymail.co.uk/news/article-10372327/Venmo-PayPal-Cash-App-report-transactions-totaling-600-IRS.html The new reporting requirement will ensure that small businesses that receive payments through those apps are paying their fair share in taxes on them Beginning Jan. 1, 2022...
  4. TangoTango

    news Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS as Biden plans to ramp up financial enforcement

    https://www.dailymail.co.uk/news/article-10372327/Venmo-PayPal-Cash-App-report-transactions-totaling-600-IRS.html The new reporting requirement will ensure that small businesses that receive payments through those apps are paying their fair share in taxes on them Beginning Jan. 1, 2022...
  5. william

    question Domain Names + Taxes

    Hello, Is anyone here familiar with taxes in regards to domain names? Specifically in the United States. I think I've been treating sales in a very costly way (tax wise), so I had a few questions about some tax strategies. If anyone is knowledgeable or can recommend someone who is, I'd really...
  6. william

    question Domain Names + Taxes

    Hello, Is anyone here familiar with taxes in regards to domain names? Specifically in the United States. I think I've been treating sales in a very costly way (tax wise), so I had a few questions about some tax strategies. If anyone is knowledgeable or can recommend someone who is, I'd really...
  7. colenot

    advice Selling a domain over 50k- Sedo or Dan?

    Hey all, Where would you sell a domain over 50k? I saw a poll where majority voted Dan. Buyer wants to use Sedo. Also, my fiancee lives in Europe and they pay less taxes. I'd rather us pay 21% taxes instead of 35%. If I use Sedo or Dan, can I use her info to collect the money even though the...
  8. colenot

    advice Selling a domain over 50k- Sedo or Dan?

    Hey all, Where would you sell a domain over 50k? I saw a poll where majority voted Dan. Buyer wants to use Sedo. Also, my fiancee lives in Europe and they pay less taxes. I'd rather us pay 21% taxes instead of 35%. If I use Sedo or Dan, can I use her info to collect the money even though the...
  9. Croc

    question Are proceeds from domain sales considered "earned income" in terms of US taxes

    As I am fairly young (30), I want to contribute the proceeds from domain sales to my Roth IRA for retirement, so that money can grow tax-free. However, you can only contribute "earned income". Do domain name sales qualify as "earned income" or only regular jobs? Thanks!
  10. Croc

    question Are proceeds from domain sales considered "earned income" in terms of US taxes

    As I am fairly young (30), I want to contribute the proceeds from domain sales to my Roth IRA for retirement, so that money can grow tax-free. However, you can only contribute "earned income". Do domain name sales qualify as "earned income" or only regular jobs? Thanks!
  11. The Rover

    Taxes & Domains: Do You Treat Your Domains As "Inventory" or Do You "Amortize" Them?

    Obviously the forums aren't a source for tax advice, however, that said, I'm curious what many of you do when it comes to your domains and taxes. I keep hearing that if your domain purchases are merely hand regs (or aftermarket domains that are less than $500) that the IRS is fine with you...
  12. The Rover

    Taxes & Domains: Do You Treat Your Domains As "Inventory" or Do You "Amortize" Them?

    Obviously the forums aren't a source for tax advice, however, that said, I'm curious what many of you do when it comes to your domains and taxes. I keep hearing that if your domain purchases are merely hand regs (or aftermarket domains that are less than $500) that the IRS is fine with you...
  13. The Rover

    question Is It Necessary to Create a Separate Business For Investing & Selling Domains?

    Years ago I used to buy and sell domains here (and elsewhere) that supplemented my income which came from being a freelance web designer. For taxes, I was always sure to pay taxes on any domain profits, by merging both by domain income with my main businesses profits (web design services)...
  14. The Rover

    question Is It Necessary to Create a Separate Business For Investing & Selling Domains?

    Years ago I used to buy and sell domains here (and elsewhere) that supplemented my income which came from being a freelance web designer. For taxes, I was always sure to pay taxes on any domain profits, by merging both by domain income with my main businesses profits (web design services)...
  15. crunchyg

    request Any CPA recommendations?

    Looking for a reliable person who can do domainer taxes (U.S. corporate and personal). Crypto experience a plus. Feel free to review someone you have worked with.
  16. crunchyg

    request Any CPA recommendations?

    Looking for a reliable person who can do domainer taxes (U.S. corporate and personal). Crypto experience a plus. Feel free to review someone you have worked with.
  17. News

    information Year-End Domain Sales and Tax Issues

    Year-end time does bring some “look back” thoughts. Picture your potential client thinking “what did I intend to do this year?”. Most of us procrastinate and don’t meet our own goals. Engage them to let them make a big move at the end of the year. Catch them trying to knock off as many to-dos...
  18. News

    information Year-End Domain Sales and Tax Issues

    Year-end time does bring some “look back” thoughts. Picture your potential client thinking “what did I intend to do this year?”. Most of us procrastinate and don’t meet our own goals. Engage them to let them make a big move at the end of the year. Catch them trying to knock off as many to-dos...
  19. Lord Antares

    question Hypothetical question about GoDaddy and taxes

    Hypothetically speaking, what could go wrong if I changed my country of residence to some African country where they don't collect taxes so that I don't have to pay VAT for domains? Asking for a friend.
  20. Lord Antares

    question Hypothetical question about GoDaddy and taxes

    Hypothetically speaking, what could go wrong if I changed my country of residence to some African country where they don't collect taxes so that I don't have to pay VAT for domains? Asking for a friend.
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