The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Start up tax question||Date: 12/24/2008 11:59 AM|
|Author: amazingfallleaf||Number: 103152 of 122629|
Thanks a lot, Peter, I will definitely take the advice of consulting a pro.
I wanted to see if I should set up the business in 2008 with a few days left now.
I understand more clearly now that without being active in business, I shouldn't deduct any business expenses.
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