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For a restaurant I amortize/depreciate stand mixers and other appliances. What of kitchen knives pots bakeware mixing bowls spatulas etc?

I started a foodservice business. I am not sure what kitchenware is amortized / depreciated and what is not.
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2 Replies

For a restaurant I amortize/depreciate stand mixers and other appliances. What of kitchen knives pots bakeware mixing bowls spatulas etc?

I found my answer. Its from 2007 but it should be relevant: https://www.thetaxadviser.com/issues/2007/sep/expensingrestaurantsmallwares.html

DaveF1006
Expert Alumni

For a restaurant I amortize/depreciate stand mixers and other appliances. What of kitchen knives pots bakeware mixing bowls spatulas etc?

It depends. You can expense these items under the IRS Safe Harbor Law as long as an item does not exceed $2500. Please review this IRS link for further information.

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