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Is PPC a deductible business expense?

diyacorp
Posts: 52
Joined: 01 May 09
Trust:

Is PPC a deductible business expense?

Since tax return months are near, so, I thought I will ask a question before I approach a tax consultant.

I'm based in the US and I've made a bit of money this year using both SEO and PPC.
For PPC, I've been using my husband's credit card (I didn't have one after I lost my job).
So, I was wondering if I can show this as cost incurred or I would anyway get taxed on whatever money I made ?
(My profit margins have been around 50%).
  • 0
Diya
 
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wollowra
Posts: 1283
Joined: 14 Mar 08
Trust:
Hi Diya,
We really can not give tax advice here and you should see a tax agent.

However, I just declared all profit after expenses, and this is only unique to me and the advice my tax agent gave to me for my personal situation when I first started out and will be different for each individual.

So, best ask your tax agent.

Regards
Troy
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Enjoy the little things, for one day you may look back and realize
they were the big things.

-- Robert Brault
 

This topic was started on Dec 22, 2009 and has been closed due to inactivity. If you want to discuss this topic further, please create a new forum topic.