DNTaxGuide: Domain Name Tax Guide for Investors

13 Responses to “DNTaxGuide: Domain Name Tax Guide for Investors”

1. Geoff Akerlund says:

   March 26, 2014 at 5:53 PM

   Looks like the site has an error.

   Reply
   1. Michael Cyger says:

      March 26, 2014 at 6:15 PM

      Thanks for letting me know, Geoff . I was messing around with the code and put an error in there. That’s why I should leave coding to the professionals! :)

      Thanks again for letting me know.

      Reply
2. Brian Caldwell says:

   March 20, 2014 at 5:54 PM

   Michael, could you give more details on the Excel Templates? Thanks.

   Reply
   1. Michael Cyger says:

      March 20, 2014 at 10:11 PM

      Four templates in Excel, but could be converted to PDF and printed for manual entry, and focused in the following areas:
      1. Business Income and Expense Tracking
      2. Domain Cost Tracking Schedule
      3. Employee Expense Report with Summation
      4. Mileage Reimbursement Sheet

      They’re useful for having a central location for tracking expenses. If you’re using Quickbooks or similar, you won’t need the expenses. But if you’re manually holding receipts and then using them to input into TurboTax or handing over to an accountant, then they’re useful.

      Let me know ify ou have any other questions.

      Reply
3. Jim says:

   March 20, 2014 at 5:50 PM

   The book looks great… I’ll need to get it for next year.

   What I want to compliment, though, is the web site code! I just checked to see how the nice crisp contemporary look was done, and man alive that’s the most cleanly commented code I’ve seen in a long time!

   Reply
   1. Michael Cyger says:

      March 20, 2014 at 10:22 PM

      Thanks, Jim.

      Reply
4. Mike says:

   March 20, 2014 at 4:10 PM

   Thanks for putting this together Michael. I’m sure most of your readers have read the famous John Chow posts regarding this subject. You can really save a lot! How relevant is this info to Canadian Domainers, like me?

   Reply
   1. Michael Cyger says:

      March 21, 2014 at 6:37 AM

      Hi Mike,

      The guide was written specifically for US citizens based on US Federal tax laws. It cites references from US tax code, which has no benefit to Canadian tax payers.

      However, the areas that you would benefit from are — in general — how to treat your income streams, ordinary income versus capital gains, the discussion about entity selection to protect your personal assets, general treatment of charitable donations, etc. I think it’s a good, reasoned approach to general tax planning.

      If you end up purchasing it, give it a read-through in the first 7 days. If you think you will not benefit from it, then simply use the Request a Refund option at https://www.dntaxguide.com/request-for-refund/ and I’ll refund your money. No worries.

      Best,
      Mike

      Reply
5. John Berryhill says:

   March 20, 2014 at 3:38 PM

   “written by a Certified Public Accountant and reviewed by a former IRS Agent”

   Are they in the Witness Protection Program now and can’t be identified?

   Reply
   1. Michael Cyger says:

      March 20, 2014 at 3:39 PM

      Ha! They may want it soon. :)

      Reply
   2. Logan Flatt says:

      March 25, 2014 at 12:33 AM

      dntaxguide.com shows the author to be Shawn Stack.

      Reply
6. Mike says:

   March 20, 2014 at 3:12 PM

   What kind of ebook format is this?

   Reply
   1. Michael Cyger says:

      March 20, 2014 at 3:13 PM

      It’s a PDF, Mike.

      Reply