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Taxes – If I Have Expenses This Year On My New Business, Can I Report Them Next Year?
I am opening a new business and have a great deal of expenses out of pocket like office supplies and orders.
It seems that due to delays I will launch the official opening in 2010 instead of this year.
Will I be able to declare my expenses in 2010 instead? I am not going to have enough income this year (probably) to write them off.