Hello!
I hope your day is going well! How exciting to open your own business!
Getting a business set up and generating income takes time and money! Those expenses you're incurring to get started are 'startup expenses'. Startup costs are treated differently than ordinary operating costs in that they have to be capitalized (spread over several years). Here is a link to our Support Site that will aid in determining which costs must be treated as start up expenses.
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Elizabeth W., EA
