Green corporation is incorporated on march 1 and begins business on june 1. green's first tax year ends on october 31, i. e., a short year. green incurs the following expenses during the year: month type amount february march march april december draft charter stock commission accounting fees to set up books temporary director fees charter modification fee $ 2,000 30,000 2,000 2,000 1,000 what is the deduction for organizational expenses if green chooses to deduct its costs as soon as possible?
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Green corporation is incorporated on march 1 and begins business on june 1. green's first tax year e...
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