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.
Businesses can choose how they depreciate or amortize an asset. The most common schedule for doing so is the straight-line method, in which an equal amount gets expensed each year. A $20,000 patent amortized over 13 years, for example, would produce an annual amortization expense of about $1,538 a year.