How do I transfer the debt & assets from the first business into the new business on Quick Books Pro

transfer at book value/recorder on both sets of books-a those receieving
b- those giving

of course suuch transter falls under auspices of the tax free rules of reorganizations and no tax consequence should result...

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Originally Posted by delite

Transfer at book value/recorder on both sets of books-a those receieving
b- those giving

Of course suuch transter falls under auspices of the tax free rules of reorganizations and no tax consequence should result.....

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What if it is called a merger and not a transfer?

What is the legal definition of a merger from one 401k company to another?