3 ms·
How do you deduct payroll / dev costs?
by itake 4y ago
How do you deduct payroll / dev costs?
- idlewords 4y agoMe personally? The same way any small business does; I forget the exact line number but the upshot is you tell the IRS who you paid and subtract that amount from gross revenue.
- itake 4y agoI think what OP is saying is that all software development costs must be amortized now. Most small businesses are not developing their own software and would not be impacted.
- idlewords 4y agoWhat I am saying is that this is a bad topic to take message board advice on.
- PaulDavisThe1st 4y ago> you tell the IRS who you paid unless they are overseas and have no US tax liabilities.