How do I amortize cash purchase of my business?

[ChoppingWood]

I purchased 2 e-commerce businesses and used cash. There is no inventory or tangible assets. Can I amortize the purchase over a set number of years?

[martinmarks]

Section 197 intangibles is what you have. Amortize over 15 years.

[ChoppingWood]

@martinmarks Thank you for your response!! I will look into this right away!