The National Directory of Certified Public Accountants

Ask A CPA - Buying & Selling a Business

Can I Make A Tax Free Like Kind Exchange Of The Goodwill I Purchased With My New Business ?

No. You cannot make a tax free "like kind" exchange of goodwill from one business to another.

If you need professional help with "Buying & Selling a Business" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.