I apologize for all the questions, but what is the difference between the two?

Thank you.Will both options handle the the Pennsylvania return also?

Can you please clarify this statement?"Startup costs can only be deducted in the year they were paid (for a cash basis business)."I had some costs that were inc...

The business itself was a Classifieds website that was professionally built and this is where the majority of costs were incurred.How would I classify this purc...

Thank you for the prompt response.I do have one question though.Do i still have to amortize the start up costs above $5,000 over 180 months if the business is n...