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01/26/2012 at 02:08PM PST
We’ve seen a scam e-mail regarding Intuit tax information floating around today. This e-mail was not sent or authorized by Intuit. If you ever wonder whether an e-mail from Intuit is real or fake, please refer to the link below.

Thank you

http://security.intuit.com/security-alerts.php
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SumBuddy
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11/03/09 1:24pm PST

Vending machine location, depreciable?

ProSeries : 2008

Are Vending machine locations, a depreciable or amortizable expense for a corporation?
If the location is paid for, and in a contract, is this then depreciable, over time?
If so, over what time length? Is it 40 year property?

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11/03/09 2:11pm PST

I would think it's amortizable over the term of the contract.  I could also see an argument that it's a Sec 197 intangible asset, amortizable over 15 years. I believe I'd use whichever method gives the larger writeoff.

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This shop be amortizable over the life of the respective contract depending upon the lengthof the contract for the Vending Machine

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