2004 Tax Write Off Check List

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Keev
    Confirmed User
    • May 2001
    • 5335

    #1

    2004 Tax Write Off Check List

    Scripts (ucj, pennywize,tm3, comus, etc)
    Software (dreamweaver, photoshop, thumbsplus, etc)
    Hosting, Colocation, Bandwidth Expenses
    Content Purchases
    Models ( Clothing, Travel expenses related to her getting to the shoot.)
    Camera / Photo Equipment
    Domains
    Programmers / Hired Help
    Interest On Business Credit Cards
    Car Payment (based on percentage used for business)
    Office Rent or % Of House Payment if work from home.
    ISP Service (DSL, Cable,DialUp)
    Computer Equip. monitor, Servers, Routers, video, sound, capture cards, networking equipment, ink)
    TV, VCR, DVD player, Xbox (research and development or hell Break room decor and equip)
    Office Equipment (paper, pens, furniture,fax, phone, chairs, desks,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 & stolen merchandise / inventory
    Purchase of new web properties (websites, domains, etc)
    Legal Expenses
    Business attire (pimp suits, hawaiian shirts, sandals)
    Business Lunches / Dinners(strip clubs, etc) gotta entertain the business partners
    Business Entertainment expenses ( you can fill in the blanks )
    Hotels
    Merhant Account Fee's and service charges
    Authorize.net / itransact etc monthly service
    Postage / Shipping / Packaging
    Phone Bill (office, cell, etc)
    Gas
    business insurance
    car insurance (based on % used for business)
    car maintence (on a % as well?)
    travel expenses (airfare)
    designers (design jobs, banners, tgp templates)
    VEGAS PERIOD!
    Visa Registration
    Accountant Fee's Service Charges
    Office Housekeeping :-)
    Business Liceanse
    Corp Reg Fee's & Renewals
    Resellers Permit


    Not sure where this falls but....
    MIA Designers, Progammers that never complete the job and you have a deposit outstanding.

    Add your writeoff's that I have missed or over looked....
    Last edited by Keev; 02-21-2004, 11:27 AM.
    ReliableServers.com - NO REF LINK!
  • ThePornPusher
    Confirmed User
    • Oct 2003
    • 1823

    #2
    Thanks, some good info.

    ThePornPusher

    Comment

    • Ozzymosis1
      Confirmed User
      • Sep 2003
      • 2094

      #3
      Hookers for clients
      SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

      Comment

      • Keev
        Confirmed User
        • May 2001
        • 5335

        #4
        I think i have that covered somewhere.....

        Entertainment Expenses ( fill in the blanks)
        ReliableServers.com - NO REF LINK!

        Comment

        • shermo

          #5
          Great list Keev!
          I'll definitly use this list for my taxes this year. It looks like you pretty much have everything covered!

          Comment

          • TDF
            Triple OG nigga on GFY
            • Mar 2002
            • 27296

            #6
            add weed and crack to that kist
            Sig heil

            Comment

            • $5 submissions
              I help you SUCCEED
              • Nov 2003
              • 32189

              #7
              Great list, Keev

              Comment

              • Keev
                Confirmed User
                • May 2001
                • 5335

                #8
                I know theres more out there.... help me brainstorm still have to find some more ! I owe too dam much!
                ReliableServers.com - NO REF LINK!

                Comment

                • goBigtime
                  Confirmed User
                  • Nov 2002
                  • 7761

                  #9
                  Originally posted by Ozzymosis1
                  Hookers for clients

                  Hookers = New PRoduct Research & Development ?

                  Comment

                  • Anya
                    Confirmed User
                    • Jul 2003
                    • 437

                    #10
                    What about electric bill? Some portion of it stands as a write off to run the electronic equipment your business requires. Unless you counted it in there somewhere on the list & I missed it.
                    FoxyAnya.com Solo Girl Hardcore Amateur online since 1999!
                    FoxyCash.com Affiliates: Join FoxyCash and make $$$ off my tail!

                    -----------------
                    Icq: 230396232

                    Comment

                    • Plugger
                      Confirmed User
                      • Jul 2001
                      • 592

                      #11
                      Originally posted by Ozzymosis1
                      Hookers for clients
                      That would be under meals and Entertainment

                      Comment

                      • Ic3m4nZ
                        Confirmed User
                        • Aug 2003
                        • 6285

                        #12
                        I don't pay my taxes the gov is after me

                        Comment

                        • Sly_RJ
                          Live Hard - Die Hard
                          • Feb 2002
                          • 17042

                          #13
                          I think I'm able to write off $100 worth of groceries a month. Not sure why, I just do what I'm told. Check into it!
                          PHAT SERVERS - Quality dedicated hosting at a quality price!
                          sly AT phatservers DOT com - 147479144

                          Comment

                          • jscott
                            jscizzle
                            • Feb 2001
                            • 25452

                            #14
                            taxez suck ballz, nice list, thanks
                            If you think tough men are dangerous, wait until you see what weak men are capable of.
                            - Jordan B. Peterson
                            Listen to Pomp tell why is Bitcoin important

                            Comment

                            • infecto
                              Confirmed User
                              • May 2003
                              • 1697

                              #15
                              Yeah if you have a home office you can take the percentage your office takes up and take off that much on your water, electricity, mortgage etc.

                              Comment

                              • PersianKitty
                                Meow Media Inc.
                                • Jul 2001
                                • 7785

                                #16
                                what? no condoms?

                                Comment

                                • Keev
                                  Confirmed User
                                  • May 2001
                                  • 5335

                                  #17
                                  I think that falls under entertainment or research and dvelopment.
                                  ReliableServers.com - NO REF LINK!

                                  Comment

                                  • Jedimaster
                                    Registered User
                                    • Dec 2003
                                    • 2120

                                    #18
                                    I also write off my dogs food and vet bills as my "security system"

                                    No really,,you can.

                                    You can write off anything that makes you business profitable, as long as you can prove it.

                                    Comment

                                    • Webmistress Pookie
                                      Confirmed User
                                      • Feb 2004
                                      • 243

                                      #19
                                      Originally posted by Keev
                                      Scripts (ucj, pennywize,tm3, comus, etc)
                                      Software (dreamweaver, photoshop, thumbsplus, etc)
                                      Hosting, Colocation, Bandwidth Expenses
                                      Content Purchases
                                      Models ( Clothing, Travel expenses related to her getting to the shoot.)
                                      Camera / Photo Equipment
                                      Domains
                                      Programmers / Hired Help
                                      Interest On Business Credit Cards
                                      Car Payment (based on percentage used for business)
                                      Office Rent or % Of House Payment if work from home.
                                      ISP Service (DSL, Cable,DialUp)
                                      Computer Equip. monitor, Servers, Routers, video, sound, capture cards, networking equipment, ink)
                                      TV, VCR, DVD player, Xbox (research and development or hell Break room decor and equip)
                                      Office Equipment (paper, pens, furniture,fax, phone, chairs, desks,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 & stolen merchandise / inventory
                                      Purchase of new web properties (websites, domains, etc)
                                      Legal Expenses
                                      Business attire (pimp suits, hawaiian shirts, sandals)
                                      Business Lunches / Dinners(strip clubs, etc) gotta entertain the business partners
                                      Business Entertainment expenses ( you can fill in the blanks )
                                      Hotels
                                      Merhant Account Fee's and service charges
                                      Authorize.net / itransact etc monthly service
                                      Postage / Shipping / Packaging
                                      Phone Bill (office, cell, etc)
                                      Gas
                                      business insurance
                                      car insurance (based on % used for business)
                                      car maintence (on a % as well?)
                                      travel expenses (airfare)
                                      designers (design jobs, banners, tgp templates)
                                      VEGAS PERIOD!
                                      Visa Registration
                                      Accountant Fee's Service Charges
                                      Office Housekeeping :-)
                                      Business Liceanse
                                      Corp Reg Fee's & Renewals
                                      Resellers Permit


                                      Not sure where this falls but....
                                      MIA Designers, Progammers that never complete the job and you have a deposit outstanding.

                                      Add your writeoff's that I have missed or over looked....
                                      Thanks so much! i'll be using this to do my taxes next weekend

                                      Comment

                                      • Keev
                                        Confirmed User
                                        • May 2001
                                        • 5335

                                        #20
                                        I am still digging through my 2year old accounting books for more legitimate writeoff's and its Scary that I still know my accounting rules from college.
                                        ReliableServers.com - NO REF LINK!

                                        Comment

                                        • gornyhuy
                                          Chafed.
                                          • May 2002
                                          • 18041

                                          #21
                                          Thanks!

                                          DAMNIT I'm 3 months out of date on my book keeping and I haven't even begun to do taxes yet... I have a stack of check stubs piling up....

                                          procrastination....

                                          icq:159548293

                                          Comment

                                          • Shoehorn!
                                            Die With Your Boots On
                                            • Oct 2003
                                            • 22872

                                            #22
                                            There's a few things on that list that I overlooked. Thanks.

                                            Comment

                                            • Trax
                                              [----------------------]
                                              • Aug 2001
                                              • 14486

                                              #23
                                              worth a bump for the work you had

                                              Comment

                                              • Keev
                                                Confirmed User
                                                • May 2001
                                                • 5335

                                                #24
                                                College expenses might work....

                                                I mean some businesses pay for there employees to go back to school right?

                                                I am just trying to find out the details on that.
                                                ReliableServers.com - NO REF LINK!

                                                Comment

                                                • BrettJ
                                                  ol' timer
                                                  • Jan 2001
                                                  • 4715

                                                  #25
                                                  bwhwhahahahaha. Keev pays for software =)

                                                  Comment

                                                  • chowda
                                                    Confirmed User
                                                    • Jun 2003
                                                    • 9527

                                                    #26
                                                    lubricant

                                                    u cant forget lubricant

                                                    god, how the hell can analsex feel so good without it!?
                                                    Someone finds you...
                                                    2007

                                                    PS: Nationalnet is the best host I've ever had. And i tried alot of them.

                                                    Comment

                                                    • Keev
                                                      Confirmed User
                                                      • May 2001
                                                      • 5335

                                                      #27
                                                      nah download it for free and write off the retail value :-)
                                                      ReliableServers.com - NO REF LINK!

                                                      Comment

                                                      • Cory W
                                                        Deeply shallow
                                                        • Jan 2004
                                                        • 9133

                                                        #28
                                                        Nice list.

                                                        I just did taxes yesterday.

                                                        IRA helped me out.
                                                        ICQ: 292310358
                                                        Offering writing and content services (mainstream).
                                                        Marketing for L3 Payments

                                                        Comment

                                                        • Cory W
                                                          Deeply shallow
                                                          • Jan 2004
                                                          • 9133

                                                          #29
                                                          I won a trip to Jamaica, all expense paid for two, via my isp. In all honesty, I didn't have time to take the trip.

                                                          They reported it as 4k income for last year.

                                                          The trip has since expired.

                                                          Funny how things work out.
                                                          ICQ: 292310358
                                                          Offering writing and content services (mainstream).
                                                          Marketing for L3 Payments

                                                          Comment

                                                          • Nanda
                                                            Confirmed User
                                                            • Jul 2003
                                                            • 5310

                                                            #30
                                                            Great list!
                                                            My Ex-husband SKULL-BUITRE ran off to Colombia with OUR money and screwed me after I helped him build OUR business.
                                                            He is hiding in Colombia and never paid the settlement $ from our divorce!

                                                            Comment

                                                            • mardigras
                                                              Bon temps!
                                                              • Feb 2003
                                                              • 14194

                                                              #31
                                                              Originally posted by WEGCashCory
                                                              I won a trip to Jamaica, all expense paid for two, via my isp. In all honesty, I didn't have time to take the trip.

                                                              They reported it as 4k income for last year.

                                                              The trip has since expired.

                                                              Funny how things work out.
                                                              Seems like you could contest that. You never took posession of the prize. Had it been a physical item like a car and you never took it I don't see how they could tax you for it.
                                                              .

                                                              Comment

                                                              • Cory W
                                                                Deeply shallow
                                                                • Jan 2004
                                                                • 9133

                                                                #32
                                                                Seems like you could contest that. You never took posession of the prize. Had it been a physical item like a car and you never took it I don't see how they could tax you for it.
                                                                I am going to call the place and see if they will give me the prize.

                                                                I signed some papers, but I don't know what (I was too damn excited at the time).

                                                                Hopefully I can work it out though. I relaly don't know what my rights are on something of this nature.
                                                                ICQ: 292310358
                                                                Offering writing and content services (mainstream).
                                                                Marketing for L3 Payments

                                                                Comment

                                                                • AMN
                                                                  Registered User
                                                                  • Jun 2003
                                                                  • 97

                                                                  #33
                                                                  great resource!
                                                                  Lick it Long Time
                                                                  www.FuckedCompany.com

                                                                  Comment

                                                                  • AMN
                                                                    Registered User
                                                                    • Jun 2003
                                                                    • 97

                                                                    #34
                                                                    Taxes blow!! juts met with tax advisor i didnt spend enough last year.
                                                                    Lick it Long Time
                                                                    www.FuckedCompany.com

                                                                    Comment

                                                                    • erehwon
                                                                      Confirmed User
                                                                      • Nov 2003
                                                                      • 3759

                                                                      #35
                                                                      Great thread!

                                                                      Very worthy of a bump!
                                                                      Money NEVER $leep$...

                                                                      Comment

                                                                      • johnbosh
                                                                        Confirmed User
                                                                        • Aug 2002
                                                                        • 8965

                                                                        #36
                                                                        I get tax back:D

                                                                        Comment

                                                                        • AMN
                                                                          Registered User
                                                                          • Jun 2003
                                                                          • 97

                                                                          #37
                                                                          Health Coverage
                                                                          Dental
                                                                          State Incorportion fee's
                                                                          Downtime? Could you consider that as the same thing as lost Inventory, merchandise or something.
                                                                          Lick it Long Time
                                                                          www.FuckedCompany.com

                                                                          Comment

                                                                          • SomeCreep
                                                                            :glugglug
                                                                            • Mar 2003
                                                                            • 26118

                                                                            #38
                                                                            Nice

                                                                            Webair Hosting

                                                                            I use and recommend Webair for hosting.

                                                                            Comment

                                                                            • madsender
                                                                              Confirmed User
                                                                              • Nov 2003
                                                                              • 211

                                                                              #39
                                                                              Originally posted by johnbosh
                                                                              I get tax back:D
                                                                              Poor fella...

                                                                              Ever thought of getting a job at 7-11 so you can make more than your base credit limit?
                                                                              Is your sponser doing these kind of numbers for you?

                                                                              Comment

                                                                              • Mike-BP
                                                                                Confirmed User
                                                                                • Mar 2003
                                                                                • 1270

                                                                                #40
                                                                                Originally posted by johnbosh
                                                                                I get tax back:D
                                                                                LOL, that's NOT a good thing
                                                                                Thanks to: ISPrime.com - best hosting company without downtime

                                                                                Comment

                                                                                • Keev
                                                                                  Confirmed User
                                                                                  • May 2001
                                                                                  • 5335

                                                                                  #41
                                                                                  Doing last calculations and etc before i se my accountant and found more:



                                                                                  Laser Eye Surgery (relates to our work)
                                                                                  Prescriptions drugs, medicine
                                                                                  Jury Duty Fee's (meal, trans)
                                                                                  Safety Deposit Box / PO Box
                                                                                  Standard Mileage write off
                                                                                  Real Estate Tax (% if home based)
                                                                                  Car Tax
                                                                                  Income Tax
                                                                                  Donations
                                                                                  A
                                                                                  ny out of pocket expenses for chariable work.... ie For example I donate my thanksgiving mornings working and feeding the needy prep food, tables, set up huge tents and etc)
                                                                                  - gas
                                                                                  - any clothing for that
                                                                                  - equip bought for it



                                                                                  Under Misc Deductions:

                                                                                  GAMBLING Losses!

                                                                                  Must claim if you overall won for the year!



                                                                                  And for the poor soul who got taxes back, you have to claim that refund as INCOME LOL
                                                                                  ReliableServers.com - NO REF LINK!

                                                                                  Comment

                                                                                  • Keev
                                                                                    Confirmed User
                                                                                    • May 2001
                                                                                    • 5335

                                                                                    #42
                                                                                    Heres some more write offs for everyone!

                                                                                    Doing last calculations and etc before i se my accountant and found more:



                                                                                    Laser Eye Surgery (relates to our work)
                                                                                    Prescriptions drugs, medicine
                                                                                    Jury Duty Fee's (meal, trans)
                                                                                    Safety Deposit Box / PO Box
                                                                                    Standard Mileage write off
                                                                                    Real Estate Tax (% if home based)
                                                                                    Car Tax
                                                                                    Income Tax
                                                                                    Donations
                                                                                    A
                                                                                    ny out of pocket expenses for chariable work.... ie For example I donate my thanksgiving mornings working and feeding the needy prep food, tables, set up huge tents and etc)
                                                                                    - gas
                                                                                    - any clothing for that
                                                                                    - equip bought for it



                                                                                    Under Misc Deductions:

                                                                                    GAMBLING!!!

                                                                                    Must claim if you overall won for the year!


                                                                                    And for the poor soul who got taxes back, you have to claim that refund as INCOME LOL
                                                                                    Last edited by Keev; 02-26-2004, 12:49 AM.
                                                                                    ReliableServers.com - NO REF LINK!

                                                                                    Comment

                                                                                    • VeriSexy
                                                                                      Join The Royal Family
                                                                                      • Apr 2002
                                                                                      • 25463

                                                                                      #43
                                                                                      Wow, big list
                                                                                      Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN!
                                                                                      Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos
                                                                                      .
                                                                                      With TOP RATIO Sites like


                                                                                      ATMovs.com | iTeenVideo.com |
                                                                                      TeenSexMovs.com | TeenSexMania.com


                                                                                      Comment

                                                                                      • hoe_vender
                                                                                        Confirmed User
                                                                                        • Dec 2003
                                                                                        • 2018

                                                                                        #44
                                                                                        Tv, sluts, drugs
                                                                                        ICQ #286508534

                                                                                        Comment

                                                                                        • Keev
                                                                                          Confirmed User
                                                                                          • May 2001
                                                                                          • 5335

                                                                                          #45
                                                                                          Already covered....
                                                                                          ReliableServers.com - NO REF LINK!

                                                                                          Comment

                                                                                          • Shoehorn!
                                                                                            Die With Your Boots On
                                                                                            • Oct 2003
                                                                                            • 22872

                                                                                            #46
                                                                                            Alright, I am going to write off my gym membership. How can I justify that? Any ideas? They probably have to be feasible ideas.

                                                                                            Comment

                                                                                            • Keev
                                                                                              Confirmed User
                                                                                              • May 2001
                                                                                              • 5335

                                                                                              #47
                                                                                              If your setup as a corp, probbaly under employee benefites, expenses.

                                                                                              if proprietorship I am not sure but will have an answer in about 6 hours.
                                                                                              ReliableServers.com - NO REF LINK!

                                                                                              Comment

                                                                                              • Sarah_Jayne
                                                                                                Now with more Jayne
                                                                                                • Dec 2002
                                                                                                • 40077

                                                                                                #48
                                                                                                i'm glad I have until June to do mine...one of the few perks of being an American living outside the country is the automatic extension.

                                                                                                Comment

                                                                                                • myjah
                                                                                                  Back in the harbor
                                                                                                  • Sep 2003
                                                                                                  • 11482

                                                                                                  #49
                                                                                                  insurance
                                                                                                  property taxes
                                                                                                  cost of tax preparation for 2003
                                                                                                  VP of Marketing
                                                                                                  AVN Media Network
                                                                                                  Skype: AVNJill
                                                                                                  [email protected]

                                                                                                  Comment

                                                                                                  • scorpion3600
                                                                                                    Confirmed User
                                                                                                    • Jan 2003
                                                                                                    • 623

                                                                                                    #50
                                                                                                    medical benefits
                                                                                                    tuition reimbursement
                                                                                                    sales uniforms

                                                                                                    Comment

                                                                                                    Working...