Startup Accounting and Accountants: Under which cost bucket does the IRS classify Search Engine Optimization?
Vanessa Kruze
Founder, CPA
“Advertising” or “Marketing” if its a large Corporation, or “Professional Services” if you hired an independent contractor. Or you can list it out on Form 1120, line 26, as “Other Deductions” where you can attach a statement as specifically type out “Search Engine Optimization.”
Either way is OK, is it wont change your tax liability.
Also read:
Categories:
Startup Accounting and AccountantsRecent questions
- How to categorize Customer Success expenses on the P&L
- My business’ California Registration was rejected because there is already the same business name in use, what should I do?
- Form W-8BEN, what type of form is this in the US?
- As a hardware startup in the R&D phase, how can I save money?
- Startup Law: What can you do if a contractor (who you have already paid) is avoiding your requests to sign a W9?
Top viewed questions
- What happens if the IRS audits me and I do not have the receipt for an expense (assuming it was a legitimate expense)?
- What does a US based company need to do to comply with IRS regulations in paying foreign contractors?
- What are some hacks for reducing your burn rate if you are a startup?
- How can I become a good accountant?
- How should convertible note financing be handled on the balance sheet?