Paradise Found (Section 179): It's a tax deduction delight for small business owners. But it's mostly unknown among financial advisers-and that's an opportunity lost.

From: On Wall Street | Date: April 1, 2006| Author: | Copyright information

It's safe to say that few financial advisers have ever heard of Section 179, a tax deduction familiar to small business owners.

It allows them to deduct up to $105,000 in the cost of equipment for the tax year in which the investment is put into service. And Section 179 can be a major source of tax savings for self-employed professionals as well.

Many advisers, however, shy away from discussions about taxes due to compliance-related concerns about stepping beyond the boundaries of their specialties. Brad Melby, a senior financial adviser with a nearly $50 million book at ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Business owners say attorneys abusing consumer protection laws.
; ...Thousands of mom-and-pop business owners in Orange County and...days later to tell business owners they can settle for...defender of the act, Section 17200 of the Business...Chapman University, said business owners must realize that...times, he said. Other ...
Business Owners' Retirement Fund Responsibility
; ...personal net worth. Business owners must recognize that...significant impact on business owners' personal financial...Income Security Act Section 404(a) of the Employee...rule and requires business owners to act at the level...More specifically, business owners ...
Becoming The Trusted Advisor Of Small Business Owners.
; ...Americans who are in fact well-to-do business owners, she says. There are so many small business owners, she continues, that if agents go back...market. Yet, even agents who have small business owners as clients may be overlooking other...group of advisors, agents can provide ...
Businesses battle the main: firms get soaked from burst pipes, costly insurance. (small business owners)(Small Business Report)
; ...worries that weigh on the minds of small business owners, fending off a deluge from a burst water...pipes. And like the Braunsteins, few business owners consider such a possibility until water...flooding doesn't tend to come up. And while business owners can monitor the health of ...
10th Circuit rules business owners can't sue under [section]1983
; Business owners who were assaulted by a city...inspector can't sue under [section]1983 because his official...owners. They sued under [section]1983, claiming that the inspector...violation, [to] say that [section]1983 welcomes [the inspector...
Naperville sued over road plans Eight business owners against moving 248th Avenue farther away.(News)
; ...Herald Staff Writer Eight business owners in the Wheatland Industrial...tires and time. Moving that section of road will negatively affect...the industrial park. But business owners in the industrial park still...officials made when they closed a section of 91st Street that allowed...
Blackonomics: Business Owners; Take Care of Your Business
; ...07-11-2001 BLACKONOMICS: Business Owners; Take Care Of Your Business...murder in the Over-The-Rhine section of Cincinnati. In my classes...stress the obligations of business owners to their customers. My interactions with Black business owners and prospective Black ...
WEB HELPS BUSINESS OWNERS JUDGE CANDIDATES ENTREPRENEURS CAN USE SITE TO GET PLUGGED INTO CAMPAIGNS.(Business)
; ...election-oriented Web site caters to independent business owners, said Dennis Whitfield, NFIB senior...smallbusinessvotes.org, aims to help business owners evaluate candidates running for federal...increased political involvement for small-business owners.'' The site provides direct ...
Small business owners complain of heavy paperwork
; Small business owners from across the state...provide a forum where small business owners could speak out about...report that includes a section on grading the agencies...heard from several small business owners who have experienced...sentiment was shared by most business ...
Business owners optimistic about N.J.
; ...County, NJ) 10-09-2003 Business owners optimistic about N.J...Date: 10-09-2003, Thursday Section: BUSINESS Edtion: All Editions...Early Edition New Jersey business owners are optimistic about their...10 - 88 percent - of the business owners surveyed said they ...