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-   -   Sale of intangible asset (https://www.askmehelpdesk.com/showthread.php?t=574790)

  • May 6, 2011, 03:52 AM
    rservice
    sale of intangible asset
    When I sold the asset (insurance policies) I recorded and amortized based on the value at the time. A year later, this value has decreased considerably! Is there an entry I can make and should I amend my tax return to reflect this decrease?

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