I had tkr in March 2009 on my left knee. Everything went terrific. My range of motion was great, I did good in PT, I was a star patient according to my therapist - did everything much sooner than most supposedly. Then in Aug. 2010, my darn knee started hurting.
Costs you can Deduct or Capitalize. Business start-up and organizational costs are generally capital expenditures, which are funds used to acquire assets such as furniture, buildings and machinery. There are certain start-up costs that you can elect to either deduct or capitalize.
The amortization deduction for start-up and organizational costs is not automatic. A member manager of the LLC must make an election to deduct these costs. The IRS requires you to complete Form 4562 and attach it to the first tax return you file that includes the LLCâs activities.