Agents seek changes to client lists laws. (Briefing).Issues affecting client lists--among the most valuable assets an insurance agent has--are a federal legislative priority for the Independent Insurance Agents & Brokers of America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. . The group wants changes both in the tax laws affecting how the value of client lists depreciates, and in the Fair Credit Reporting Act The Fair Credit Reporting Act (FCRA) is legislation embodied in title VI of the Consumer Credit Protection Act (15 U.S.C.A. § 1681 et seq. [1968]), which was enacted by Congress in 1970 to ensure that reporting activities relating to various consumer transactions are conducted in a protecting agents' proprietary ownership of those lists. Federal tax law allows for writing off the value of intangible assets Intangible Asset An asset that is not physical in nature. Notes: Examples are things like copyrights, patents, intellectual property, and goodwill. These are the opposite of tangible assets. over 15 years. But independent agents, who say the marketplace reality is those lists have value for five years, are lobbying Congress to support a House bill that would change the tax code so as much as $5 million of intangible assets could be written off in the year of purchase, and the remaining value depreciated Depreciated may refer to:
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