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Web22 de mar. de 2024 · 1. Startup costs. Amount: Up to $5,000. Small business owners may take a startup cost deduction of up to $5,000 in startup costs in their first year of business. This can include legal fees, employee training, and market research. You can only take this $5,000 deduction if your total startup costs are $50,000 or less. WebPension Plans & Expenses for the Business Part 2 Income Tax 2024You can also join our Accounting Instruction Free Month Membership here:https: ... foxfield financial
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