I paid an expensive corporate lawyer to help set up my LLC, are these startup and organizational costs fully deductible in my first year?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Startup and organizational costs for an LLC often depend on what the lawyer actually did, when the entity became active, and whether the expense was tied to creating the business or to ongoing legal work. In many cases, formation fees, document preparation, and similar setup costs are treated differ For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.