Hello mhoffman44,
Congratulations on that new LLC.
You will want to make sure that you are keeping a book of records, your accounting books or ledger. You may want to do some research about Quickbooks to help you keep your accounting records. Quickbooks is a great application that helps business owners keep track of the most common tasks that occur with bookkeeping.
You will want to keep track of any type of start up expenses that you occur.
For more information, feel free to review our TurboTax Startup Business Tax Tips website at: https://turbotax.intuit.com/tax-tips/small-business-taxes/startup-business-tax-tips/L7SOyYMzr
Even if your new business isn't exactly up and running when you incur startup expenses, you can still deduct the expenses during your first year of business.
Thanks,
Sean
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