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Get your taxes done using TurboTax
Hi,
I have a doubt on Franchise amortization
1) Can the monthly franchise royalty fees ( in my case it’s fixed) be amortized at the year end? If so, what is the calculation?
2) Can brand building, advertising expenses also be amortized? Is there any restriction or % possibility? Can I amortize this with a 5yr or 10 yr?
August 20, 2022
7:10 AM