Bimmerbill
Thinks s/he gets paid by the post
- Joined
- Jan 26, 2006
- Messages
- 1,645
With the new year starting I was thinking of starting a home business. The DW wants to plant sunflowers and sell the heads to all of the local arts and crafts stores.
Can I deduct full start up costs from my 2007 taxes? Or do I need to amortize them? Or can I only deduct as much as I earn in the business?
Can I deduct full start up costs from my 2007 taxes? Or do I need to amortize them? Or can I only deduct as much as I earn in the business?