I will start an apartment finder web site after the first of the year. When should I start saving receipts? When I get an inactive sales person license, when I get an active sales person license, or when I file a DBA in late December?
Thanks Brian
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I will start an apartment finder web site after the first of the year. When should I start saving receipts? When I get an inactive sales person license, when I get an active sales person license, or when I file a DBA in late December?
Thanks Brian
You start saving receipts the day you start incurring costs associated with the website, be it now, December or six months ago.
Agree, as soon as you start paying any bill or any cost that is related to the business, you are now in business, just not having any revenue yet
Thanks, I'll start today. My expenses are mounting, and yes there's no income yet. I know education won't be an expense, but getting the license is starting to get expensive. Nickel and diming me to death. $61 for the test, $173 TREC application, $50 for fingerprints, $50 to Kinkos for mailing, printing, and scanning. $75 for FBI background check. $250 webhosting... Keep them all, let the CPA sort them out. Thanks again
You will do well to organize the expenses in a spreadsheet. At a minimum, it will save you on tax prep costs.
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