While some of these complaints reflect real declines in brain function in our middle years, the deficiencies of a middle-aged brain have likely been overstated by anecdotal evidence and even by some scientific studies.
The capitalized software cost may be amortized over 36 months, beginning with the month the software is placed in service. Additionally, the separately stated cost of software may also be eligible for 50% bonus first-year depreciation if acquired before 2013.
Each type of asset has a different recovery period, which dictates the number of years it takes to recover the expense fully. The cost of computer equipment and peripherals, such as printers and scanners, are recovered over a period of five years through depreciation.