ABSTRACT
The 1933 case Welch v. Helvering is what ultimately shaped the way that Tax Court interprets “ordinary and necessary.” To give you a TV Tropes “Laconic” page for what transpired in this case, Welch was a small business owner whose first company went under. On the other hand, there were no Glassdoor or Google business reviews in the 1930s, so business owners needed some way to prove that they were worth dealing with to both customers and the business world. Word of mouth and advertising were how both large companies and small business owners gained reputations. The Cohan Rule is there to protect you in case of cash transactions we previously went over, and in the event you lose your records. Website-building expenses for your main site and any additional micro sites, webpages, and domain purchases are deductible, along with your ongoing hosting bills and things like domain transfers and back-end maintenance.
