An intangible asset is something of value that is not physical in nature. Classic examples include brands, goodwill, and intellectual property. These things are worth a lot to companies but cannot be held or touched and are sometimes more difficult to value. What Is the Tangible Personal Proper...
In contrast, for the seller, asset sales often generate higher income taxes. Although some long-held intangible assets, such as goodwill, are taxed at capital gains rates, other assets can be subject to higher ordinary income tax rates.1 Moreover, if the assets sold are held in a“C” c...
Henry's decision to abandon his treasured "Tin Lizzie" after 19 years and a staggering 15-million cars -- the last not very different from the first -- came almost too late, and his company lost a lot in money and goodwill during the long changeover to the belated new Model A. Yet ...
Depreciation recapture istaxed similarly to your regular incomeeven though you have already owned the rental for more than a year. This is because your taxable income has already been reduced by writing off depreciation as a simple expense for several years. Also, even if you haven't written o...
With a stock acquisition, the owner is treated as making a disposition of a capital asset and any proceeds will receive capital gains treatment, generally taxed at 0 – 23.8%, but dependent on the owner’s income. How are stock acquisition strategies used?
is really twofold. Historically as a standalone practice, business owners would typically zero out their profitability at the year-end by way of bonuses just to avoid being taxed twice on that profitability. Historically that's probably been a good move from a tax perspective for them to make...
Businesses operating as cultivators, processors, manufacturers, retailers, distributors, and microbusinesses must register with the California Department of Tax and Fee Administration (CDTFA) to obtain a seller’s permit. This is a prerequisite for applying for their state licenses. Also, distributors ...
The Model T, known for its affordability and simplicity, propelled Ford to success, but the transition to the new Model A was costly in terms of both money and customer goodwill. Despite strong competition and the onset of the Great Depression, the Model A was a success, and Ford continued...
Often, when buyers and sellers want to complete a deal but can’t agree on the price, they employ a strategy called an earnout. An earnout is a contractual provision stating that the seller of a business will obtain additional compensation if the business meets specified financial targets in...