Opening new business end of 2012-tax quesiton
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Thread created 12-10-2012 by iwheela
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Depends if you are starting a C-corporation or flow-through organization (sole proprietorship, LLC, etc.). You should consult tax CPA regardless as some of the advice so far is questionable. I have...
Opening new business end of 2012-tax quesiton
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Thread created 12-10-2012 by iwheela
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There are a couple of pieces at play. There are a limited amount of start-up costs that are deductible, the other are amortized over 180-month period.
Opening new business end of 2012-tax quesiton
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Thread created 12-10-2012 by iwheela
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5 Replies
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Hi all,
I am in midst of starting up a business and ready to go full steam ahead but may have a tax dilemma. I would like to get everything ready for the business to open at the beginning of the...
Opening new business end of 2012-tax quesiton
Expired
Thread created 12-10-2012 by iwheela
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5 Replies
932 Views
loss carry over?
Opening new business end of 2012-tax quesiton
Expired
Thread created 12-10-2012 by iwheela
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5 Replies
932 Views
If you don't have an accountant yet, get one. Its helpful when it comes to business so they can deduct certain things properly, and get you whatever loop hole benefits available. I personally don't...
Opening new business end of 2012-tax quesiton
Expired
Thread created 12-10-2012 by iwheela
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5 Replies
932 Views
You won't lose these deductions. You'll just deduct them from the income your business generates in 2013.