Recent Articles

Start-up Costs

Those ordinary and necessary expenses to get a company to opening day are referred to as start-up costs. Section 195 of the IRS Code describes these expenses as initial research, costs of negotiations, any initial travel and training expenditures.

Organizational Expenses – Types and Tax Implications


Prior to initiating operations, every business spends money to develop the idea and create the legal entity.  These types of costs are referred to as ‘Organizational Expenses’.  There are several different types of organizational [...]