Hi again...another question about amortizing the startup costs. I found this section on page 30 (chapter 😎 of IRS Pub 535: "You can choose to forgo the electio...
Thanks for the quick response. Follow-up question: I have a very small, very local, very niche "passion" (more than a hobby) business. Startup costs were over $...
Thanks for the quick response. As a clarifier, I'm not operating this as a non-profit. I just meant to convey that I doubt I'll be making a profit on it this ye...