In late 2023 my wife and I purchased our first business. I then setup an LLC that includes my wife and I as we run the business now. Once we got the LLC acepted we registered our business in Washington State under our LLC. This was all done in late 2023.
Questions:
1) I was wondering is there any beneficial tax deductions we can take in the scenario of purchasing a business?
2) We are also thinking of maybe buying more businesses in the future. Would there be any tax benefits if we purchased another business in the future with the funds from our LLC and/or under our LLC?
P.S. Is there a live video to join? I haven't seen any links to a video. Or is this just live in the threads/forums?
Thanks for your help!
