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Get your taxes done using TurboTax
Hi, Carl. My understanding regarding startup expenses after incorporation differs from what you've said. Many businesses incorporate before they "starts to function as a going concern", as this webpage puts it under "For Tax Purposes, When Does My New Business Begin?". Incorporation is often necessary before starting to function as planned, so it seems like it would be a highly common case for a company to have startup costs after incorporation.
I appreciate your help. It appears to me that your version of the software has a different interface or something in my settings of or company profile hides the startup date in the interface. If you know something about that, it'd be helpful for you to share it.
‎August 1, 2018
9:46 AM