How Clients Can Get a Head-Start on Business Deductions

by Ken Berry | Jul 27, 2019   ()

The tax law provides a special deduction for “start-up costs” in the tax year in which the business opens, as evidenced by a new Tax Court case. It’s an old axiom that you have to spend money to make money. For new entrepreneurs, this typically means laying out cash even before you receive any payments for good or services.
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Source: Accounting Web
Source: Accounting Web

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