I have a very simple company that formed and has very low revenue, less than $500 and a lot of start up expenses, which received investment capital and personal investment. I want to understand how to structure my personal tax returns to handle investments into the company as well as how the company would handle incoming investment from another party.
I would strongly advise engaging a good CPA for this type of work. There are implications and complexities. I would not advise that you try to do this on your own. I know there are business owners who do their own taxes, but my own experience has taught me that a good CPA is worth his or her weight in gold for the headaches (and savings).
Answered 9 years ago
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