Daily Archives: December 12, 2021

Here’s how businesses can deduct startup costs from their federal taxes

Posted on December 12, 2021 by Camron Hoorfar

When starting a business, owners should treat all eligible costs incurred before beginning to operate the business as capital expenditures that are part of their basis in the business. Generally, the business can recover costs for assets through depreciation deductions. … Continue reading →

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