06/01/2026
π‘π Thinking about selling a business asset like goodwill, a customer list, a patent, or a copyright? π€
The tax consequences may be very different than you expect! β οΈ
β
Some self-created intangible assets may qualify for lower capital gains tax rates.
β Others may be taxed as ordinary income, which could mean a much higher tax bill.
The type of asset π, who created it π€, and who owns it π’ can all impact how the sale is taxed.
πΌ Before you sell or transfer intangible assets, make sure you understand the potential tax implications. A little planning today can help prevent costly surprises tomorrow! π°
π Contact WMDDH at 337-232-3637 to discuss your situation and learn how these complex tax rules may affect your transaction.