The Security Industry Association (SIA) led a coalition of industry groups urging negotiators to accept a Senate-backed provision for tax reform to expand deductions under Section 179 of the IRS tax code, which empowers businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. The revised tax code permanently expands eligibility for deductions to fire protection, alarm, and security systems, along with other equipment, placed in service in 2018 and beyond.
Subcommittee on Emergency Preparedness, Response, and Communications held the hearing, titled “How Effective Is the Science and Technology Directorate: Stakeholder Perspectives,” to hear the Science and Technology (S&T) Directorate’s stakeholders from academia, industry, and the first responder community about their perspectives on the benefits and challenges of working with the directorate at the Department of Homeland Security (DHS).
ASIS International (ASIS), the leading association for security management professionals worldwide, today sent a letter of support to the Senate Committee on Commerce, Science, and Transportation for the Making Available Information Now to Strengthen Trust and Resilience and Enhance Enterprise Technology (MAIN STREET) Cybersecurity Act. The proposed legislation calls on the National Institute of Standards and Technology (NIST) and other agencies to provide a consistent set of resources for small businesses to best protect their digital assets from cybersecurity threats.