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Old 12-24-2008, 02:15 PM   #1 (permalink)
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Question business expense question

Hello,

If I buy a domain today that relates to my business but it is not actually transferred to me until early Jan 2009 can the domain still be written off as a business expense? The credit card statement would show the purchase in 2008.

Thanks
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Old 12-24-2008, 02:39 PM   #2 (permalink)
ahhhh
 
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Yeah I would think so
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Old 12-26-2008, 12:19 AM   #3 (permalink)
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Under accrual accounting rules, yes.
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