tax Analysis certification te. When business start up cost exceed the maximum amount allowed the remaining...

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tax Analysis certification te. When business start up cost exceed the maximum amount allowed the remaining...

tax Analysis certification te. When business start up cost exceed the maximum amount allowed the remaining cost may be amortized over how many months?

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Answer 1

Answer #1

If startup cost exceed the maximum amount allowed then remaining cost may be amortized in 180 months period beginning with the month in which business is opened.

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Answer 2

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Generally, when business start-up costs exceed the maximum amount allowed, the remaining costs may be amortized...

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