Tax Deductions for Domainers

As March approaches, it is time for most of us (especially those of us in the United States) to turn our focus to taxes.  For domainers there are a number of deductions you can claim on your taxes, and Domain Name Wire recently published a helpful list of tax deductions for domainers.

Here are the 12 included (click over to get the full descriptions):

  1. Domain conferences
  2. Annual domain registrations
  3. Internet access
  4. Home office
  5. Mobile phone
  6. Domain software
  7. Domain services
  8. Web hosting
  9. Advertising
  10. Meals and Entertainment
  11. Legal expenses
  12. Office supplies

Please remember to consult an accountant before filing your taxes.

My Thoughts on Vanity TLD’s

Over the past week, the domainer blogosphere has been buzzing about the new vanity TLD’s that are set to show up in the middle of 2009.   In case anyone missed it, for roughly $100,000.00, pretty much anyone that qualifies a registry (any company can easily become one) can apply to have their own TLD.   These custom TLD’s were quickly coined as vanity TLDs.

I think for most of us, the question is not what this is, but how will this influence not just domainers, but the internet as a whole.   Are trademark owners going to need to protect their names by getting their domain for each new TLD that is created?  Will domaining cease to exist (at least in its current form)?   How will the search engines adapt?

Of course, I don’t have an answer to any of these questions, but I have my theories just like everyone else seems to.  In my opinion, dot coms will continue to get a boost in value for anyone trying to establish an online brand.   On the other hand, though, this may open up a lot of opportunities for someone looking to build online stores, niche blogs, and other types of sites that simply require a strong keyword domain, not necessarily a dot com domain name.  

As far as search engines go, this will also be an interesting thing to monitor.  About a year ago, after extensive testing on my part, I noticed that I have a much tougher time getting an info domain to rank than I do an equivalent com/net/org.    I truly believe there is a natural penalty on info domains that makes it more difficult to gain Google’s trust, and I would imagine I would get similar results with other search engines.   Does this also apply to other TLD’s that are commonly associated with spam?   I guess what I’m trying to say, is that search engines will initially let things shake out, but eventually it will deal with the new extensions and I have a feeling they will continue to give a strong favortism towards com/net/org.  

What do you think about the vanity TLD’s?  How will they influence domainers?

Are .Info the Most Dangerous Domains?

Today while browsing through my feeds I ran across a post over at Yahoo about a report identifying the most dangerous web domains.  Obviously it got my attention right away.    After reading it, it looks like McAfee has pegged the most dangerous TLD as the .info domain, with .hk (Hong Kong) and .cn (China) leading the [...]

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Introduction to the World of Domaining

If you are a full-time domainer (or a very heavily involved part-time domainer), one of the toughest things to do is explain to people what it is you do and how exactly you make money.   I often find a more confused face once I finish explaining the world of internet real estate. On some rare [...]

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Domaining.com To Require Paid Subscription?

So far it looks like very few details have been released, but it looks like before long it will be subscription based.   So, how will this affect their readers? In the interest of full disclosure, I am not a big fan of Domaining.com.   While they technically aren’t feed scrapers, they don’t do any work.   They [...]

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Miscellaneous Domain Name Statistics

One of the feeds I monitor is a website called DotWeekly.   It is one of a large number of domain blogs that have shown up over the past year, but I like it because it offers some interesting incites from time to time. Todays post is a compilation of off the wall domain stats, which [...]

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