Comment by fdasava
2 years ago
If/when software goes out of use, it can be written down and deducted immediately. The 5 years is a maximum, not a minimum.
2 years ago
If/when software goes out of use, it can be written down and deducted immediately. The 5 years is a maximum, not a minimum.
I don't think that is true. From what I'm reading there is no acceleration.
What happens when changing broken parts on a machine that's amortizing, or repairs
Repairs and maintenance would generally be expensed.
Expansions and improvements would generally be capitalized.