For most small businesses, having a website is a necessity. But what's the proper tax treatment of the costs to develop a website? Unfortunately, the IRS hasn't yet released any official guidance on these costs. Therefore, you must extend the existing guidance on other subjects to the issue of website development costs. Depreciable Fixed Assets The cost of hardware needed to … [Read more...] about To Capitalize or Expense: How to Treat Website Costs for Tax Purposes
