The starting date of your business is important because of the timing of expenses incurred by being in business. Technically, any expenses related to your home-based business that you pay for BEFORE you officially begin operating your business are considered "startup expenses" and are treated differently.
Deductr is designed to automatically display expenses you paid before your startup date as “startup expenses” so that your tax preparer can treat those expenses correctly for tax purposes.
Consult your tax professional to see if this fits your circumstances. This is not to be taken as tax advice. Please refer to our End User License Agreement.