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.
A capitalized cost is recognized as part of a fixed asset on a company's balance sheet, rather than being charged to expense in the period incurred. Capitalization is used when an item is expected to be consumed over a long period of time. If a cost is capitalized, it is charged to expense over time through the use of amortization (for intangible assets) or depreciation (for tangible assets). A short-term variation on the capitalization concept is to record an expenditure in the prepaid expenses account, which converts the expenditure into an asset.