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Counting Down to Tax Day: Business Tax Completion Checklist


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Are You Taking All Possible Deductions and Credits?

Review "Tax Deductions from A to Z" and the commonly missed deductions articles to be sure you haven't missed anything. In particular, pay attention to:

>Business Startup Costs
You may be eligible to deduct some of your business startup costs up to $5,000 and organizational costs up to $5,000 (for expenses after October 22, 2004). If your startup or organizational costs exceeded $50,000, your deduction may be limited.

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