Case-Based Roundtable
General Dermatology
Eczema
Chronic Hand Eczema
Chronic Spontaneous Urticaria
Alopecia
Aesthetics
Vitiligo
COVID-19
Actinic Keratosis
Precision Medicine and Biologics
Rare Disease
Wound Care
Rosacea
Psoriasis
Psoriatic Arthritis
Atopic Dermatitis
Melasma
NP and PA
Skin Cancer
Hidradenitis Suppurativa
Drug Watch
Pigmentary Disorders
Acne
Pediatric Dermatology
Practice Management
Prurigo Nodularis
Buy-and-Bill

Article

July 1, 2004

Tangible (and legal) tax breaks for intangibles

The Internal Revenue Service has issued guidelines for expenditures related to intangible assets. These guidelines apply, however, not to the complex tax treatment of the intangible assets of your practice such as goodwill, licenses, leases, and patient/client lists, but to deductions for the costs of acquiring, creating, or enhancing those intangible assets.

Like what you’re reading? Subscribe to Dermatology Times for weekly updates on therapies, innovations, and real-world practice tips.

Subscribe Now!