Thank you Paula!
Sorry one more quick follow up. Can I go back the three years to include all those fees as start-up?
I was reading an article and it said if you are investigating a business you can go back a year? Not sure if, how that applies to me? I have spent money over the last three years in connection to getting this going.
Thanks again!
https://www.thebalance.com/how-to-deduct-startup-costs-on-business-taxes-397608
When Does a Business Start?
Determining the date when your business actually starts depends on several factors, but it's important to determine a startup date for the purpose of deducting startup costs. For example, if you are investigating the purchase of a business, you need to know how far back you can deduct these costs. Typically, you can go back one year from the startup date.
