I have a question that I have been trying ot get the answer to on several other websites with no luck.
I just recently started my business and I incorporated my business mainly to protect my personal assests from my business assests. Well, because I work full-time I knew going in that I had every intention of funding the start-up costs for my business myself. My question is simple the money I use to invest in my business is that deductible in anyway. I want to deposit money monthly in my business bank account from my paycheck. What are the tax implications for doing things this way if any at all.
Thanks in advance for any reply
Shantel L. Collins
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