For tax purposes, trademarks are considered intangible assets as defined in Section 197 of the Internal Revenue Code. ... Amortize the trademark over 180 months to determine your allowable tax deduction. You must complete Form 4562 if you have any trademark amortization deductions to report.
Trademark Amortization Rules - Azcentral
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The costs paid or incurred for the renewal of a franchise, trademark, or trade name or any license, permit, or other right granted by a governmental unit or an agency or instrumentality thereof are amortized over the 15-year period that begins with the month of renewal.
26 CFR § 1.197-2 - Amortization of goodwill and certain other
www.law.cornell.edu > ... > Tax on Corporations
Property or Expense
Amortization of goodwill/other intangibles
Acquiring a lease
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Any goodwill created in an acquisition structured as an asset sale/338 is tax deductible and amortizable over 15 years along with other intangible assets that fall under IRC section 197.
Goodwill Amortization: GAAP vs. Tax Accounting - Wall Street Prep
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