Hello. I had a question about my taxes for this year.
I started a business in November (a LLC). I have not begun to generate revenue as of yet, but I do have a ton of start-up expenses. I was curious if those expenses could be written off for this tax season or do I have to wait until I begin generating revenue. Obviously, the start up cost was pretty significant, so not entirely sure the best way to approach this for this tax season.
Any help would be appreciated! Thanks so much.
- Justin
