Home: Message List - Start-up Costs & Taxes

Re: Start-up Costs & Taxes

intechspecial — Thu, 27 Mar 2008 18:59:38 GMT

Welcome to the community!

I am technology professional, not a tax expert, so I choose not to comment on this question.

Drop me an email if you would like to network.

Re: Start-up Costs & Taxes

gtp1212 — Thu, 27 Mar 2008 18:32:15 GMT

The business is a nutrition counseling business. Working one on one with individuals looking to incorporate healthier eating habits, not diets, into their lives. Business will be based in North Carolina but will have clients in different states.

No income related to the business in 2007. Start-up costs associated with the business include, certifications, outside creative design costs, brochure printing, business cards etc...

I have a meeting with an accountant next week but want to go into the meeting prepared

Thanks

Re: Start-up Costs & Taxes

LUCKIEST — Thu, 27 Mar 2008 17:31:42 GMT

Welcome to this web site Start-up Costs & Taxes, They could be.
tell us more. Who are you?? What kind of business?? and Where are you located??
Not that it answers your question.
Every body in business should have an Accountant, a Lawyer and maybe an Insurance agent.
Start-up Costs & Taxes. The BIGGER question is DID YOU HAVE INCOME in 2007??.
Tell us more, LUCKIEST

Start-up Costs & Taxes

gtp1212 — Thu, 27 Mar 2008 17:03:34 GMT

During the process of starting my new business I incurred start-up cost in 2007 but had not yet filed the papers establishing the business.

Are those costs or any portion of them deductable in my 2007 taxes?