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Business, 20.12.2019 00:31 FireStorm4346

Crimson corp. was organized as a calendar-year corporation in january, year 1, incurring $51,000 in qualified organizational expenses, and began business in march, year 1. what is the maximum amount crimson may deduct for organizational expenditures on its year 1 corporate tax return?

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Crimson corp. was organized as a calendar-year corporation in january, year 1, incurring $51,000 in...
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