Michael Canet JD LLM, is a financial planner, estate planning attorney and host of The Savvy Investor TV and Radio Show, where he and Savvy Investor guests help listeners create, grow, and preserve their wealth. In this article, Canet discusses the dissolution of Section 179 and how that will affect small businesses in 2015.
Glen Burnie, MD – February 5, 2015 – Estate planning attorney and host of The Savvy Investor TV and radio show, Michael Canet JD LLM, recently published an article on The Savvy Investor website about Section 179. In “HOW DOES THE DISSOLUTION OF SECTION 179 AFFECT SMALL BUSINESSES IN 2015?,” Canet points out that while the benefits have waned small businesses should still remain status quo for the sake of the overall benefit to society.
Canet writes, “The Tax Extenders Act started in 2008 as part of the stimulus package during the economic implosion as a way to strengthen the dire situation for businesses—large and small alike. So while it more than achieved what it needed to over that time, and the extension last fall was what Congress might consider a gift, its original intent was never to be a permanent fixture in small business tax code. So how should small businesses who started or grew to rely on the benefits of Section 179 manage in the new year? Very carefully.”
The entire article can be found at http://www.thesavvyinvestortv.com/blog/how-does-the-dissolution-of-section-179-affect-small-businesses-in-2015.php
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About Michael Canet JD LLM:
Michael Canet, JD LLM, is a financial planner and estate planning attorney specializing in family legacies and is a founding member of Prostatis Financial Advisors Group, LLC. Canet is the #1 Amazon best-selling author or two books, Successonomics (with Steve Forbes) and
Surviving the Perfect Storm: How to Create a Financial Plan That Will Withstand Any Crisis, and has been featured on The Wall Street Journal, Fox News, and USA Today. He is also host of the nationally syndicated television show, The Savvy Investor, and The Savvy Investor radio show on WCBM 680AM. His approach, both on and off The Savvy Investor shows, is distinguished by clear and concise answers that are accessible to the people who need to understand them most: retirees.
You can listen to The Savvy Investor live on WCBM Talk Radio AM 680. http://player.streamtheworld.com/liveplayer.php?callsign=WCBMAM&advisorid=3002375