Question about business startup expense deduction

Discussion in 'Starting a Business' started by flyingSquirrel, Feb 7, 2015.

  1. flyingSquirrel

    flyingSquirrel
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    I'm planning to start a business which will use my blog as the main "base station" (I will eventually sell ebooks, do affiliate marketing, etc). However first I want to start up the blog and get it going for perhaps 6 months or more before actually starting the business portion. How far back can I claim "business expenses" in this scenario when I actually start the business?
     
  2. moneyguru

    moneyguru
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    Day one you can claim, you need to buy a domain name so there is your first expense, plus the hosting costs. Talk to your tax guy.
     

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