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FYI Series: Fire sprinkler tax incentives

Now is the time to invest in your fire sprinkler system or retrofit your building with lifesaving and property conserving protection

The attached info was provided to members of the Safer Buildings Coalition by a representative of municipal government in the Phoenix, AZ area, but refers to federal statutes. It changes the depreciation schedule for investments in “fire protection and alarm systems” and “security systems”. It allows system owners to expense 100% of costs for fire sprinkler systems, among others, from now through 2023, with a decreasing schedule after that.
Download the attached document to learn more:
tax Reform Info
The Safer Buildings Coalition is an independent, non-profit organization founded in 2102. Its mission is to advance policies, ideas and technologies that ensure comprehensive in-building public safety radio communications capabilities for first responders. Each year the SBC hosts monthly conferences and in person training sessions all over the country. On Wednesday, January 24, 2018 the Coalition hosted another very successful Public Safety and Connectivity Summit at the Capital Technology University in the Washington DC suburb of Laurel, Maryland.

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