Does the IRS allow me to use a "business start date" (in 2019) that is different from my (single member) LLC formation date (in 2018)?
01473
1 Replies
Rick19744
Level 13
Jun 6, 2019 2:10:59 AM
Yes.
The date of formation of a business does not have to correlate to the date the business started. This is typically as many businesses incur time and expense before their door actually open for business.