Covenant Not to Compete
15-year amortization
Can You Write Off Covenant Not to Compete?
Short answer: Covenant Not to Compete — OBBBA 2026 New Deductions
Amortization of covenant not to compete (Section 197 intangible).
Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.
BW-B11-10033
low risk
Covenant Not to Compete
Typical range: 15-year amortization
Multiple industries
Other Expenses
OBBBA 2026 New Deductions
Consulting & Advisory Transition
Covenant Not to Compete — OBBBA 2026 New Deductions
Applies to
- All Industries
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Amortization of covenant not to compete (Section 197 intangible).
Category
- OBBBA 2026 New Deductions
- Consulting & Advisory Transition
obbba 2026 new deductions
obbba 2026 new
covenant not to compete
baby boomer
succession planning
legacy business
consulting transition