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How do I amortize cash purchase of my business?
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?
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How do I amortize cash purchase of my business?
Section 197 intangibles is what you have. Amortize over 15 years.
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How do I amortize cash purchase of my business?
@MMTaxMM Thank you for your response!! I will look into this right away!
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