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whether you purchased off the shelf software included within the website purchase price, if you did, it would be amortizable over 3 years. Also, if you ever abandon a website, there would be a way to remedy the need to accelerate the deduction. But, in your case, you'll probably just need to amortize it over 15 years. Just be aware there may be exceptions out there. The tax code has always been in strife with itself.
Posted by MinusHuman on 21 Jan 2013 11:25 AM. I had a question that somewhat derives itself from the original question, with an accounting slant. As per US GAAP, the cost of a website is to be amortized over its useful life. Above we discuss how much it could cost. I wanted to know how to assess its 'useful life' at the time of deployment. I am not an accountant but still want to offer a non-accounting perspective to your question.