WebThe FMV of the net identifiable assets of the business is as follows: Accounts receivable $80,000 Inventory $40,000 Land $120,000 Building $200,000 Total net identifiable assets $440,000 You can determine the value of the goodwill by subtracting the total value of the net identifiable assets from the purchase price: Purchase price $480,000 Minus WebExperts help as you do your taxes $89 209 State additional for paid products Start for free Pay only when you file (4.7 65,769 reviews) Connect with live tax experts, on demand Our experts can help fix any mistakes and explain your taxes Get an expert final review before you file, guaranteed done right We do your taxes for you $209 399
File Small Business Taxes Georgia.gov
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Tax Information for Businesses - Utah State Tax Commission
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