Here is what I've found; it appears to contradict what you posted.You must claim startup costs inthe first tax year your business begins active operations. Whil...
Can't do home office. My partner has been able to for years but had no income last year and space isn't used 100% for business at the moment. I only have a desk...
To be clear, I don't have to claim 2025 start up costs until 2027 after I have income in 2026? Or, do I amortize starting now? It won't be much; the total is $1...
This is for 2025. At this point, it doesn't seem like I can reduce "taxes" anymore than I can. The state tax isn't budging as it is against the social security ...
Question: I have travel and meals that could be added into start up costs as these were prior to the formation of the llc. But I see no way to add them into the...