New Law for Organizational Exp – $10K vs. $5K

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  • November 18, 2011 at 7:46 pm #162990
    Anonymous
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    Organizational Expenditures and Start-up Costs

    • Tax Rule – $5,000 expense maximum/180 months amortization of remainder

    Becker updated to $10,000 expense (vs. $5000) only for Corporation part, not for the partnership.

    Could anyone confirm that this will apply only to corporation only (and not partnership)?

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