Tax status of goodwill sale a complex question
Q: About five years ago, I bought the assets of a business for $2.2 million. Both the seller and I filed an IRS Form 8594 to report how this cost was allocated to specific assets.…
Q: About five years ago, I bought the assets of a business for $2.2 million. Both the seller and I filed an IRS Form 8594 to report how this cost was allocated to specific assets.…