Goodwill in business is an intangible asset that's recorded when one company is purchased by another. It's the portion of the purchase price that's higher than the sum of the net fair value of all of ...

With financial conditions tightening and a tidal wave of baby boomers reaching retirement age, many of your clients may be thinking about selling their businesses. As I discussed last month, when ...

As part of our ongoing series on tax issues for accounting firm transactions, this article discusses the benefits of utilizing personal goodwill in accounting firm M&A deals when appropriate. Personal ...