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Instant deductions for your start-up business

July 1, 2011

Thinking about starting a brand new business? Then you need to know how to deduct start-up costs right now.

You see, the IRS lets you deduct costs the moment you start thinking about your new business. I know this sounds too good to be true but it is true as you’ll learn when you read my latest article titled Tax Tips: Tax Benefits for Thinking About and/or Starting a New Business.

Three ways our fact-filled article can help you:

  1. We’ll explain the five rules you need to know now. The tax law created deductions for start-up expenses back in 1980. Unfortunately, most people don’t know about these valuable provisions of the tax code. To find out more about how you can take advantage of start-up deductions, read the full article.
  2. We’ll list nine deductions you shouldn’t overlook. It’s worth checking out our new article for this information alone! Here are nine juicy deductions ripe for the taking. You’ll get all the details when you read the full article.
  3. We’ll explain the “Start-up Write Off.” It’s important to write off your start-up expenses in total. The law contains a two-step formula that helps you determine the exact dates and amounts of the write offs. We’ll provide details when you read the full article.

Filed Under: Depreciation, Featured Articles, Filing tips, Interest, Losses, Start up, Tax Planning

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