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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.
You can deduct up to $5,000 of business start-up and organizational costs that you paid or incurred after October 22, 2004. Then, you can amortize any amount over $5,000. If your start-up or organizational costs are more than $50,000, your deduction is reduced by the amount by the excess.So, if you have $55,000 in costs, your deduction is $45,000.here are two amortization periods. For expenses you paid or incurred: 1  Before October 23, 2004, you can choose an amortization period of 60 months or more. 2  After October 22, 2004, the cost is amortized over 180 months.