The Internal Revenue Service (IRS) limits how much you can deduct for LLC startup expenses.If your startup costs total $50,000 or less, you are entitled to deduct up to $5,000 for startup organizational costs.
If your costs are between $50,000 and $55,000, you can deduct $5,000 minus the difference between $50,000 and your total startup costs.
However, since many businesses do not show a profit in their first year, you can amortize the remainder of these costs moving forward.