Read IRC at https://www.fourmilab.ch/ustax/www/t26-A-1-B-VI-195.html
Read IRS Pub 535, pages 26 - 27 https://www.irs.gov/pub/irs-pdf/p535.pdf
Read Treas. Reg. 1.195-1https://www.taxalmanac.org/index.php/Reg._1.195-1
Discuss the issues and consequences inherent in IRC section 195 including, but not limited to, the following:
Does 195 apply to all businesses organizations
Compare & contrast Startup and Organization expenses
What year must you elect to amortize Startup expenses
On what form do you amortize Startup expenses
On what form do you make the election to amortize Startup expenses
Discuss the issue of when does a business begin?