This Friday, November 22nd at 1 PM EST, we’ll be hosting a Special Call with domain tax expert Ed Neff, CPA. Known for his expertise in helping domain investors navigate the intricate U.S. tax code, Ed will guide us through the unique challenges and opportunities of domain name taxation.
Agenda Highlights:
- Determining Business Type for Tax Purposes – Is capital gain income possible for domain investors?
- Tax-Deductible Business Expenses – What qualifies as deductible, and what doesn’t?
- Domain Name Costs – Clarifying deductions for domain purchases, registrations, and renewals.
- Charitable Contributions of Domains – How to determine the value and claim deductions.
- Crypto Transactions – What taxes are owed and how to stay compliant.
- Post-Election Tax Changes – What potential changes could impact your strategy.
Ed will also address critical questions such as: Should domain purchases be recorded as inventory, expensed, or amortized? If amortized, for how long? How should you approach domains bundled with websites? He’ll provide unique insights to help you stay compliant, optimize your tax strategy, and avoid common pitfalls.
As a principal at Taksey Neff & Associates, Ed has over 20 years of tax and accounting experience and previously delivered a highly rated presentation on domain taxes for us in 2021.Recording from the call will be available to all members.
Don’t miss this chance to refine your understanding of domain tax complexities!