April 1, 2009

Awww, Shucks

By kimberlybbert

In researching exactly what I can and cannot write off as a small business owner for the 2008 tax year I came across this astounding tidbit in the IRS tax code:

Intangible property like goodwill is not eligible for a Section 179 expense.

Really?

And I was so counting on that . . .

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This entry was posted on Wednesday, April 1st, 2009 at 3:08 am and posted in Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed.

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