u/FintechInnovator2030

▲ 1 r/tax

Formed LLC in December 2025, but started offering the product/service in February 2026, should I add startup expenses (LLC legal fees, laptop, software subscriptions..) in the 2025 tax return or wait till the 2026 one?

No income in 2025, just starting expenses to form LLC and build the product MVP. Is the IRS expecting to report expenses starting 2025 or 2026?

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u/FintechInnovator2030 — 4 hours ago

Europe residents - Taxes on worldwide income

For US expats that are residents in France, or Spain, or Italy or Portugal, based on your experiences, are you required to pay local tax rates on your worldwide income, including cap gains and interests from your US investments? If yes, how do you figure out the sequencing of tax filing so you get full tax credit and avoid double taxation?

reddit.com
u/FintechInnovator2030 — 9 days ago