- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
When does the IRS consider your LLC to have started operating, is this the day you file the Articles of Organization or some other date?
We started an LLC (filing as a partnership) in 2017, completed a final board game prototype and launched a Kickstarter campaign in September 2017 that was not successful. We are still actively working on getting the board game published. Would the IRS consider this LLC as operating in 2017? We would like to deduct startup costs from 2017 but can only do this if our LLC was considered operating in 2017.
Topics:
‎June 1, 2019
4:42 AM