Legal Question in Intellectual Property in Maryland

As a Franchise Attorney I recommend that you check with your CPA, as this is more of an accounting - tax question. Normally, business-related expenses are deductible, but you have to file a business return to deduct them (probably, in your case, a Schedule C). Also, because it's an invention, the expenses may have to be amortized over the life of the invention. Again, that's why you need to consult with a good CPA in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation