JLK Partnership incurred $6,000 of organizational costs and $50,000 of startup costs in 2016 . JKL may deduct $5,000 each of organizational and startup costs, and the remaining costs ($1,000 of organizational costs and $45,000 of startup costs) may be amortized over 60 months

a. True
b. False
Indicate whether the statement is true or false


False
RATIONALE: For organizational and startup costs, the first $5,000 may be deducted, provided total expenses in that category do not exceed $50,000 . If costs in the category exceed $50,000, the deduction is phased out, dollar-for-dollar. Any amount that may not be deducted is amortized over 180 months.

Business

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Indicate whether the statement is true or false

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New-entry strategies typically fall into one of three categories: pioneering new-entry; imitative new-entry; or adaptive new entry. Outline the key strategic intentions of each and provide an example of each.

What will be an ideal response?

Business

It is most important that a project manager:

A) Focuses on meeting daily challenges head on. B) Focuses on meetings. C) Remembers the overall picture, or goals, that define the project. D) Operates on the boundary between strategy and tactics.

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Answer the following statement true (T) or false (F)

Business