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The IRS also has a wealth of information on their web site that helps small business owners to understand their record-keeping and tax obligations. http://www.irs.treas.gov/ 15.Can I make a tax free like kind exchange of the Goodwill I purchased with my new business?

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The IRS also has a wealth of information on their web site that helps small business owners to understand their record-keeping and tax obligations. http://www.irs.treas.gov/ 15.Can I make a tax free like kind exchange of the Goodwill I purchased with my new business?

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

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