I formed an LLC Partnership. I have some costs like the filing fee to form the LLC, the company I paid to form the LLC, and a company for the website, then a company for the business cards. I assume these are all considered 'startup costs'?
But then I have costs like; the insurance premium for liability insurance (to do construction work), costs to be licensed to do work in my area, and then purchases of new tools for doing the work.
Are these all startup costs? Or are some organization costs? I don't seem to see how the difference is determined but I think I'd like to deduct them this year if possible to avoid the amortization headache.
