|
Purchased/licensed content is an expense and exclusive shot content is a fixed asset for us that is depreciated over 5 years before it is considered nothing more than bulk/scrap.
PS if anyone needs a good accountant for next tax season or quarterlies I have one that will handle it all online and over the phone that is completely cool with working with those in the adult sector. He is too booked for this tax period but in general is great to work with.
|