Getting a New Business Off the Ground: How Start-Up Expenses Are Handled on Your Tax Return

start-up-expenses

Government officials are seeing a large increase in the number of new businesses being launched, despite the COVID-19 pandemic. From June 2020 through June 2021, the U.S. Census Bureau reports business applications are up 18.6%. The Bureau measures this by the number of businesses applying for an Employer Identification Number. Entrepreneurs often don’t know that […]