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Posted on Sep 30, 2024

In 2 0 2 4 , Noam spent $ 5 6 , 5 8 6 investigating whether to expand his restaurant chain by opening a

2024,

Noam spent $

56, 586

investigating whether to expand his restaurant chain by opening a new location. All costs were ordinary and necessary. Noam decided to open the new location, which began operations on Dec.

1, 2024 .

What amount of the expenses can Noam deduct in

2024 ?

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