Watch Shaun White: Russia Calling: It is an Awesome 44 minute Documentary by NBC about Shaun White and his road to Sochi 2014. Two-time Olympic Gold Medalist Shaun White gives a rare, inside look into the challenges and sacrifices that are made in order to be the best in the world.
Although it may not seem like an R&E expense, the cost of obtaining a patent is also currently deductible under Section 174. This includes both attorney fees and patent filing fees. This is one of the largest expenses many independent inventors have.
So if the cost of repairs is $450 and your deductible is $500, there is little reason to make a claim. Even if the repair costs are $600, you may want to pay out-of-pocket rather than making a claim for $100 and potentially incurring an increase in future car insurance rates.