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Financial Planning / Tax Strategies
|Subject: Re: GOODWILL AMORTIZ.||Date: 6/14/2001 3:02 PM|
|Author: LoTax||Number: 51825 of 120407|
duggg: Your material is quite obsolete. [It's from 1993.]
IRC Section 197 now provides a 15-year amortization of goodwill and similar intangible business assets for income tax purposes.
There should be a really good discussion of this in an IRS Pub. I don't know the number. Anyone?
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