Did you notice, when you read Fitch, that whatever tangible assets (computers, furniture, etc.) were included in the accounting practice at issue in that case ap-parently added up to so little that the IRS didnt even bother trying to argue that any of the purchase price paid (twice!) for the practice should be allocated to anything other than goodwill and other 197 intangibles??? Briefly explain what a 197 intangible is and why Congress decided to throw all purchased intangibles (such as in Fitch) together into a 15-year amortization pot.

plz ans asap....