Calculating appropriate goodwill can create significant savings to a taxpayer. Lucas M. Parris, senior member of Mercer Capital’s Financial Reporting Valuation Group, describes the existence of personal goodwill apart from corporate goodwill.
To read more about the results of this report in the Mercer Capital’s Financial Reporting Blog, click: An Overview of Personal Goodwill.
This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit http://mercercapital.com/category/financialreportingblog/.
