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.
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Proposed Tax Legislation Could Aid Startup Advisors
- Sunday, Feb 08 2015
- News Roundup
- Written by PFA News
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.