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....

Thanks, some good info.

ThePornPusher :thumbsup

Hookers for clients

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

Entertainment Expenses ( fill in the blanks)

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

add weed and crack to that kist:thumbsup

Great list, Keev

I know theres more out there.... help me brainstorm still have to find some more ! I owe too dam much!

Hookers = New PRoduct Research & Development ?

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. :)

That would be under meals and Entertainment :thumbsup

I don't pay my taxes the gov is after me :thumbsup

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!

taxez suck ballz, nice list, thanks :thumbsup

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.

what? no condoms?

I think that falls under entertainment or research and dvelopment.

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.

Thanks so much! :thumbsup i'll be using this to do my taxes next weekend

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.

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....

There's a few things on that list that I overlooked. Thanks. :thumbsup

worth a bump for the work you had :thumbsup

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.

bwhwhahahahaha. Keev pays for software =)

lubricant

u cant forget lubricant

god, how the hell can analsex feel so good without it!?

nah download it for free and write off the retail value :-) :winkwink:

Nice list.

I just did taxes yesterday.

IRA helped me out.

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.

Great list!:thumbsup

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.

great resource!

Taxes blow!! juts met with tax advisor i didnt spend enough last year.

Great thread! :thumbsup

Very worthy of a bump!

I get tax back:D

Health Coverage
Dental
State Incorportion fee's
Downtime? Could you consider that as the same thing as lost Inventory, merchandise or something.

Nice :thumbsup

Poor fella...

Ever thought of getting a job at 7-11 so you can make more than your base credit limit? :1orglaugh

LOL, that's NOT a good thing :1orglaugh

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

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

Wow, big list :thumbsup

Tv, sluts, drugs:2 cents:

Already covered....

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

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.

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.

insurance
property taxes
cost of tax preparation for 2003

medical benefits
tuition reimbursement
sales uniforms