Amortization

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From the Archives: Handling Franchise Fees on a Tax Return

By | May 30th, 2018|Categories: From the Archives|Tags: , |

It's a holiday week so I'm re-publishing popular blog posts from the past. This post from 2015 talks about dealing with franchise fees. ----- Originally published February 16, 2015 Scenario: client is a sole proprietor. They enter into a small ($5,000), 5-year franchise agreement. The client is paying the $5,000 over a 24-month period. The client [...]

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Glossary: Intangible Asset

By | February 17th, 2017|Categories: Glossary|Tags: , , , |

One way of looking at intangibles is, they are business assets that cannot be physically touched.

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Glossary: Amortization

By | October 26th, 2015|Categories: Glossary, Small Business Tax and Accounting|Tags: , , , |

What does amortization mean?

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Handling Franchise Fees on a Tax Return

By | February 16th, 2015|Categories: Small Businesses Taxes|Tags: , , |

The handling of franchise fees on a tax return is not complicated but it's also not intuitive.

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