2 Amortize To Charge

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Posted on October 28, 2018 at 21:08 PM

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Glossary_accounting_finance_and_eco_terms - Glossary oF ...
2 Amortize ‐‐ to charge a regular portion of an expenditure over a fixed period of time. For example if something cost $100 and is to be amortized over ten years, the financial reports will show an expense of $10 per year for ten years.
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Publication 535 (2017), Business Expenses. For use in preparing 2017 Returns. Publication 535 - Introductory Material . ... you can choose to amortize certain costs for setting up your business. ... The IRS may charge you a user fee for issuing a tax ruling. For more information, see Revenue Procedure 2017-1, available at ...

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