Starting Your Business/Keeping Tax Records
What are Business Expenses
Amortization
You may be able to amortize and deduct
each year a part of certain capital expenses. Amortization
allows you to recover these expenses similar to straight-line
depreciation. It also allows you to write off expenses that
are not ordinarily deductible.
How
to Deduct Amortization
Important References:
Publication
535
Business Expenses
Form
4562
Depreciation and Amortization
Instructions
for 4562
Form
1040 (Schedule C) Profit or Loss
from Business
