I have a single-member LLC which was used for consulting for many years; however I have not been conducting business activities or promoting the business for several years, as I became a W2 employee. I still keep the business registration up to speed, a business credit card, my business web/e-mail, and business bank account current, as I foresee I may return to consulting work in the future.
1) should I be continuing to file a schedule C (I think I skipped it last year, but did in prior years). Trying to determine if I get 'deluxe' or 'home and business edition', which I've always gotten
2) is it legitimate to deduct expenses with no business income or pursued activities, such as:
- dedicated business bank account fees
- business e-mail and website fees
- Costco membership for my business credit card (though Costco used personally)
- annual state business registration fees
Many thanks for your feedback in these busy times!
