Quote:
Originally Posted by Socks
Just going through and setting a lot of sites to 0 here, and I had a thought.
If we paid someone to write a review for us, and the site goes offline, can we now write the cost of the review off as a loss?
Maybe?
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why wouldn't you be able to? any expense that is directly related to business is an expense vs. income
what are you asking exactly as far as "writiing off as a loss"? strange use of terms, because an expense is just an expense, not necessarily a "loss"..... if your entire business loses money and you try to write off losses from other income, especially employment income, then you are in a whole different situation and that brings up other issues with the taxman
