The Consumer Financial Protection Bureau is hoping to add debt collectors and credit bureaus to the list of financial entities that they are allowed to monitor and supervise in-person.

Debt collection agencies and credit bureaus will join the ranks of payday lenders, mortgage financers and student loan lending companies if the Consumer Financial Protection Bureau is able to gain purview over them. The agency is also responsible for overseeing the financial ethics of large American-based corporations and bank practices.

The justification for adding debt collectors to the entities overseen is that consumers aren’t given their choice of debt collection agency when they find themselves in a financial bind—a situation that opens the door to potentially abusive or unfair practices toward consumers on the part of the collection agencies. The Bureau seeks to oversee the practices of debt collectors to ensure a fair debt collection process that is in accordance with federal laws and regulations.

Although banks have received direct, in-person oversight for decades, this will be the first time the debt-collection industry will face similar accountability from the federal government.

You may have heard that Alpacas make a great investment because of their high annual yields of fiber and the lucrative income it can provide. But did you also know that the tax code makes offers huge benefits to Alpaca owners?

Investing in Alpacas has many advantages

Whether you’re an individual with the ability to raise an Alpaca for fiber on a small farm or breed alpacas to shear or sell on a larger area of land, the tax code is full of deductions that will make investing in an Alpaca even more profitable than many other forms of investment.

Section 179 of the tax code allows for taxpayers to begin claiming deductions for some capital assets, the things purchased as investments toward profits, as soon as they are purchased. Alpacas are among the limited number of purchased investments that are included in this section. These are benefits that you will not be eligible to receive if you put money toward a traditional investment opportunity, like buying stock or a CD.

If you own an Alpaca for over a year, it is subject to capital gains tax, like most other investments. Capital gains are profits from an investment that has been resold. Your initial livestock will be subject to this provision if you sell them, as will any offspring from your livestock.

At the end of the day, Alpacas are a form of investment that offer significant and unique tax deductions that will start benefitting you as an investor right away. As long as you keep them, you won’t need to pay capital gains taxes, so Alpacas an be a great long-term investment opportunity. Or, if you choose to sell them, take the profit and pay the capital gains taxes on the sale, you still come out ahead—you will have accumulated enough tax benefits between the time of purchase and the sale to compensate for paying livestock capital gains taxes on your Alpacas.