Welcome Guest. Register Now!  


For 2016 Tax Tips For Year 2016.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 04-07-2017, 11:03 AM
Junior Member
 
Join Date: Apr 2017
Posts: 3
No deduction taken on franchise fee

If client didn't amortize franchise fee for the 1st five years (10 year franchise term), what's the best alternative to recover? Amend last 3 years and lose the amortization on 1st two or would the IRS accept amortizing over the remaining life of the franchise agreement? Thank you,



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Ca Franchise Tax Board Levy eagles For 2014 1 12-30-2015 05:45 PM
Franchise fee [email protected] Itemized Deductions 0 01-09-2010 02:43 PM
What is the minimum California Corporation Franchise Tax? TaxGuru California 0 06-09-2009 04:03 PM
Franchise Fees and Closing Business kehlert Depreciation 0 02-04-2009 10:08 AM
Franchise fee hollisdaniel Itemized Deductions 1 02-17-2008 11:42 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning