Intangible Assets: How Must The Costs Incurred Be Capitalized?

These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles so complicated? When buying business assets, in order for it to qualify as an intangible, IRS regulations require the capitalization of costs to: Acquire or create an intangible asset. Create or enhance a separate, distinct … Continue reading “Intangible Assets: How Must The Costs Incurred Be Capitalized?”