CNN anchor Anderson Cooper likes to introduce news segments with the catchphrase “Keeping Them Honest.” In that same spirit, ...

Goodwill is a non-physical asset, such as a brand name or intellectual property. It is assessed when a firm buys another firm or buys some part of that firm's business.

Is business goodwill a capital asset? The value of goodwill is both intangible and tangible. As a result of acquiring a company, one pays more than the book value. Since goodwill generates ongoing ...

Business goodwill is an intangible asset owned by and associated with the operation of a company. Goodwill is the premium that is paid when a business is acquired. If a business is acquired for ...

The assets you cannot touch or see but that have value. Intangible assets include franchise rights, goodwill, noncompete agreements and patents, among others. One of the line entries on your ...

Most people, including many experienced attorneys and certified public accountants (CPAs), are surprised to learn that an individual owner, shareholder or member can individually own a corporation ...