Thank you. So the conversation with an accountant before forming the LLC, and the company used to file and form the company are both organizational costs? Then essentially anything after this (that is not going to be an ordinary expense moving forward) would be startup cost?
I guess I am just worried about classifying these costs as the wrong item. I was also thinking I would be getting close to the $5k limit...but if my Liability Insurance and Licensing fees are not startup nor organization costs, then I won't be close to the $5k limit in either one.
