Uniform Capitalization Rules

[Taxman]

I have a question regarding the indirect costs required to be capitalized under the Uniform Capitalization Rules. I know you need to capitalize indirect costs such as rent, repairs & maintance, payroll taxes, utilities. How do you treat costs such as accountants fees, auto expense, meals & entertainment, office supplies, bank fees. Are these costs also capitalized and included in the calculation under the Simplified Production Method Under Sec 263A as found in TTB?

[jerome]

Rather than try to figure out a specific list of indirect costs that do need to be capitalized, I would look at the specific list of things that do not need to be capitalized mentioned in the tax book, page 8-15. Any thing that does not fit into one of those categories, I would assume needs to be capitalized.

[Taxman]

Thanks for the input. That's exactly what I'm going to do.