#amortization

Amortization

Amortizing intangible assets and deferred costs over their useful lives, including patents, Section 197 intangibles, and bond premiums

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October 19, 202612 min read

Amortization vs. Depreciation: What Each Method Expenses, and the Loan Schedule That Confuses Everyone

Depreciation expenses tangibles minus salvage value; amortization writes off intangibles with none — and the IRS stretches acquired intangibles over 15 years.

Mike Thrift

amortizationdepreciationfixed-assets

October 19, 202610 min read

How to Account for Patent Costs: What You Capitalize, How Amortization Works, and When to Write Off a Dead Patent

Patent filing and legal fees are capitalized, not expensed — then amortized over the shorter of 20 years or useful life under Section 167.

Mike Thrift

accountingamortizationintangible-assets

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