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.
You can elect to deduct up to $5,000 of business start-up costs and $5,000 of organizational costs paid or incurred after October 22, 2004. The $5,000 deduction is reduced by the amount your total start-up or organizational costs exceed $50,000.Any remaining cost must be amortized.ou must keep your records as long as they may be needed for the administration of any provision of the Internal Revenue Code. Generally, this means you must keep records that support an item of income or deduction on a return until the period of limitations for that return runs out.