Planning to start a business in Rancho Cucamonga? Try these tips for a lower tax bill
Here at Whyte & Associates, Inc. in Rancho Cucamonga, we hear from many new entrepreneurs asking for tips to lower their tax bills. One of the most common questions is whether startup costs are tax deductible. In most cases they are, but you will need an effective tax strategy and some advance planning to make the most of your available deductions. When startup costs occur The list of expenses involved in opening a business is nearly endless. You may consider them all startup costs, but IRS has a narrower definition. For tax purposes, startup costs are incurred after the business … Continue reading
