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goodwill (business)
1 headnote for goodwill (business)
More than 10.000 documents for goodwill (business)
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Bill J. Kacal Brings Business Management and Counsel to Goodwill ROCKVILLE, Md., July 14 /PRNewswire-USNewswire/ -- The Goodwill Industries International Board of Directors has elected Bill J. Kacal of Houston, TX, as its new chair, to serve a one-year term. Kacal took office during the annual Goodwill(R) Delegate Assembly, which was held in June in Tacoma, WA.
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Bill J. Kacal Brings Business Management and Counsel to Goodwill ROCKVILLE, Md., July 14 /PRNewswire-USNewswire/ -- The Goodwill Industries International Board of Directors has elected Bill J. Kacal of Houston, TX, as its new chair, to serve a one-year term. Kacal took office during the annual Goodwill(R) Delegate Assembly, which was held in June in Tacoma, WA.
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The recent closing of the Goodwill Industries Clearance Corner store on Baca Street occurred because "it just didn't make sense" to have two stores in Santa Fe, said Shauna O'Cleireachain, a spokeswoman for Goodwill Industries, which is based in Albuquerque. (Shauna's last name, by the way, is Gaelic.)
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By LYDIA GEHRING Living Editor
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Sandra and Doug Williams run their business on a variation of the premise that teaching someone to fish is better in the long run than merely providing a fish for one meal. The key difference is that they use mushrooms.
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Taxpayers often attempt to assert that the goodwill generated by their business is of a personal nature and not of a corporate nature, especially in personal service businesses. Their logic is not dissuaded by the fact that personal goodwill generally is taxed at a much more favorable tax rate compared to corporate goodwill. In the case at hand, the taxpayer's view was that the goodwill generated by the business was the result of his personal relationships with his clients and thus was a personal asset. At the time, the taxpayer had both an employment contract and a provision in that contract that was essentially a non-competition agreement. The taxpayer had also agreed not to compete with the buyer subsequent to the sale.
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From The Tax Adviser
