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Recently introduced legislation in the U.S. House of Representatives could help advisors branch out on their own by allowing them to deduct up to $500,000 in expenditures for equipment, property, and computer software. So reports Wealth Management.

The legislation, introduced by U.S. Representatives Pat Tiberi (R-Ohio) and Ron Kind (D-Wis.), would restore the 2014 limit on deductions, which was reset to $25,000 for this year.

Read the full article from Wealth Management.

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