tax deductions

Discussion in 'Legal Issues' started by int_josh, Sep 18, 2006.

  1. #1
    Say you're a company that does PPC marketing for affiliate companies/products.

    Can you deduct the cost of PPC in your tax return? Can you do this as a person, rather than a registered entity?
     
    int_josh, Sep 18, 2006 IP
  2. tyggemannen

    tyggemannen Guest

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    #2
    What country are you from ?
     
    tyggemannen, Sep 18, 2006 IP
  3. int_josh

    int_josh Peon

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    #3
    USA

    It should be logically deductible, but I'm not sure
     
    int_josh, Sep 18, 2006 IP
  4. tyggemannen

    tyggemannen Guest

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    #4
    Ok, I dont know about the US, cant you just call the tax authorities ?
     
    tyggemannen, Sep 19, 2006 IP
  5. WingShot

    WingShot Peon

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    #5
    If you are marketing Product A as an affiliate for a company. And you get $20 per sale. And you spend $5 in PPC for the traffic, then in tax terms, $20 is your gross income. Minus $5 in marketing expenses. Your net profit is $15. The $5 is clearly deductable because you spent the money to produce the income.

    Other things clearly deductible include the costs in designing or programming the website.
     
    WingShot, Sep 22, 2006 IP
  6. Monks

    Monks Well-Known Member

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    #6
    that was very helpful advice...thanks for making so simple for everyone
     
    Monks, Sep 22, 2006 IP
  7. tdnetworks

    tdnetworks Peon

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    #7
    Yup, you can do it.... When you do your taxes there is a section where you can enter your advertising expenses and you can put any money you spent on PPC advertising in that section. I almost had to pay $30,000 last year in taxes until I realized I could deduct my advertising cost for my company.
     
    tdnetworks, Sep 27, 2006 IP