Home Tips. 1  Home Warranty 101 Learn about the difference between home insurance and home warranty, and why you may need both types of coverage. 2  Home Maintenance Top Tips Simple ideas to help you maintain your systems and appliances and keep them running smoothly.
Amortization is recorded in the financial statements of an entity as a reduction in the carrying value of the intangible asset in the balance sheet and as an expense in the income statement.
You can amortize the cost of geological and geophysical expenses paid or incurred in connection with oil and gas exploration or development within the United States. These costs can be amortized ratably over a 24-month period beginning on the mid-point of the tax year in which the expenses were paid or incurred.