AW at fnmd-no-spam[at]awmt.cotse.net wrote:

- quote -

If you are making money (you have sales) this year, I don't
think I would worry about amortizing these small costs over
60 months. If you had $10,000 worth of legal costs that
might be another story.

All freely provided advice guarantee correct or double your
money back

Frank S. Duke, Jr. CPA
Cincinnati, OH USA

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I started my business this year and am trying to figure out
what I can include in my start-up costs. Really it's not a
lot, but there's one thing that confuses me.

I set up a fax line for business use through an
Internet-based company (i.e., faxes received through the
Internet). I also had to renew professional association dues
just prior to beginning my business. Since these are both
yearly fees (which I will pay and deduct in forthcoming
years), yet I paid for them prior to starting my business,
do I have to add them to the start-up costs I amoritize or
can I add them to the first year's expenses?

Thank you,
AW

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