About us Privacy Disclaimer Contact us
Home FAQ Advertising Feedback

  You are here: Home > Business terms > Organization cost

Term: Accounting -> Organization cost
Term:

Organization cost

Definition:

Organization cost is amounts spent to begin a business entity, e.g., business filing fees, franchise acquisition, and legal fees. In the United States, costs associated with a corporation issuing or selling shares or other securities are capitalized and not tax deductible. Other organization expenses may be capitalized and amortized over a period of sixty (60) months or more; thereby providing possible tax relief through organization cost deductions.

Related terms:

Reasonable assurance (in audit report)

Merchandise inventory

Useful articles:
»How to Eliminate Voice Mail as a Selling Obstacle
»Web Store - Why Do You Need One?
»How To Make Yourself a Successful One-of-a-kind Resource in Your Industry
»Herbal Remedies to Ease the Discomforts of Pregnancy


Lease
Hidden expenses
Cost Spreading


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

  Disclaimer | Privacy | Terms of useCopyright © 2004 Business-terms.net