Comment by idlewords
3 years ago
Me 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.
3 years ago
Me 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.
I 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.
What I am saying is that this is a bad topic to take message board advice on.
> you tell the IRS who you paid
unless they are overseas and have no US tax liabilities.