THE 2026 PASS INCLUDES THIS COURSE.
Do NOT purchase this course separately if you buy a 2026 PASS.
Intangible assets are often the most valuable part of a business transaction, yet their tax treatment under §197 is frequently misunderstood. This course provides a practical overview of the rules governing goodwill, covenants not to compete, customer lists, franchises, and other intangibles. Attendees will learn how to properly amortize these assets, navigate anti-churning rules, and advise clients during acquisitions and dispositions.
Learning Objectives:
Identify which assets qualify as §197 intangibles.
Explain the 15-year amortization rules applicable to §197 intangibles.
Describe how the disposition of §197 intangibles is treated for tax purposes.
Analyze how the purchase price is allocated to intangibles in a business acquisition.
Education Information:
IRS Program Number: NMVBP-T-00333-26-O
Credit Hours: 2 CPE (NASBA); 2 CE (IRS)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based (NASBA); Online Webinar (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topics/Federal Tax Related Matters (IRS)
Instructor: Thomas Gorczynski, EA, CTP, USTCP Learn more about our instructors here.
If you can't attend this live webinar, you'll be automatically enrolled in the on demand version of this course where you can still earn CPE/CE.
Refund Policy: Refunds processed prior to noon ET the day before the live event are subject to a $25 processing fee. No refunds will be given for live webinars after noon ET the day before the event, but if you are unable to attend the live webinar for any reason you will be given access to the on demand webinar on the same topic. Click here for more information about our education, refund, and complaint policies.
