On March 27, 2020, President Donald Trump signed the Coronavirus Aid, Relief and Economic Security Act (CARES Act) into law, which is aimed at providing significant tax and non-tax stimulus to individuals and businesses. Created as a result of the COVID-19 pandemic, the $2.2 trillion package is the most expensive…
The treatment of money allocated to goodwill and non-compete agreement in business sales concerned a Nashua area small business owner. The business owner had been working with a business intermediary (business broker) to sell her business. The attorneys were brought in very late in the transaction. Until that time, for…