Originally Posted by LittleExplorers:
Is there tax law that speaks to allowing us to say we are only open 10 not 12? My tax person goes to lots of your trainings and is on your list of tax companies but is questioning the 10 month for time. He is wondering what tax laws apply to this.
There is no rule that says you can't treat your business as open for ten months a year. It's logical that if you are only open for ten months a year you can only claim expenses for those ten months. If you are going to say you are open for twelve months a year, then you are entitled to claim 12 months of expenses.