May deductions be taken for the entire year in which a corporation is formed, or only after the date of incorporation?

Deductions may be taken only for expenses incurred after the corporation has started "doing business," which may in fact be after the date of incorporation.   In addition, start-up and organizational expenses have to be amortized (deducted over a period of year) beginning with the first year the corporation is doing business.   Please feel free to consult if you need more information.   Stephen Zorn Esq. 200 East 33rd St. New York NY 10016 (917) 806-6128 szorn@tourolaw.edu