If I am using my earnings (W2 paycheck) to fund my own new separate legal business, what can I deduct (assume loss for tooling/prototypin…
My answer to If I am using my earnings (W2 paycheck) to fund my own new separate legal business, what can I deduct … Answer by Wray Rives: If you are just at the tooling and prototyping stage in your business, you need to capitalize and amortize these initial cost to develop whatever it is Read more about If I am using my earnings (W2 paycheck) to fund my own new separate legal business, what can I deduct (assume loss for tooling/prototypin…[…]