![Life is not a beach for an entrepreneurial small business startup, especially in these times.](https://midlifecelebration.com/wp-content/uploads/2012/01/11.18.2011042.jpg)
Typically, any entreprenuerial small business startup has three years to invest money (time, energy, etc) into creating a profitable business plan. And in this usual and customary time frame, startup expenses are tax deductable. After that, the IRS will ask a simple, and appropriate question: Is this a hobby or a business?
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