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Taxes.com #domain buyer is big #Texas financial services advisor, #Ryan Corporation

Texas-based financial advisor corporation, Ryan, Inc., are the new owners of the domain Taxes.com. The domain sold for $250,000 dollars via Sedo, in a brokered sale that is eclipsed by an alleged private sale in 2000. At that time, the amount involved was $700k. The big news, as one of our readers pointed out, is […]

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Indian tax agency tells #GoDaddy #domain registration income is “royalty”

The tax authority of India wants GoDaddy to pay local tax for the registration of domain names. According to the Times of India,  the Income Tax Appellate Tribunal (ITAT) in New Delhi has held GoDaddy to be liable to tax in India, on income earned from the registration of domain names. Legal processes take long […]

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Domainer doldrums end as Tax deadline nears

Thousands of domain professionals are about to return to their usual domain investing activities, as Tax season ends tomorrow in the US. Having processed hundreds of documents, payment stubs and expenses, domainers are wrapping up crunching numbers in order to pay Uncle Sam’s taxes. “I cannot believe it took me so long to wrap up […]

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Taxes and .pw domains: they both suck!

Domain investing is a serious business. We can talk all day about the new .pw domains – although I am not sure who in their right mind would go after a bunch of “pigeon weed” ccTLDs. Definitely neither Mike, or us for that matter. Ah, yes, taxes. They also suck. However, because the economy, no […]

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IRS & Google Earth – Now it’s the time to order that cloaking device

The IRS is using a new weapon in its on-going battle against those that fail to declare substantial income: Google Earth. Let’s just say that if you have recently built an Olympic sized pool in your back yard and yet collect unemployment benefits due to the bad economy, you might be getting a letter in […]

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