Chad Brockway, VP of Cyber Operations at Edgeworth Security, and his team of cyber experts at Edgeworth provide clients...Read More
The Tax Cuts and Jobs Act (P.L. 115-97) now allows businesses to write off the cost of security and alarm systems in the tax year they are installed and placed in service, up to $1 million. Previously the deduction was capped at $500,000 over a recovery period of up to 39 years.
Eligible improvements include alarm systems, entry and access systems, security cameras, new window and door locks, recorders, monitors, motion detectors, security lighting, fire-protection systems and more. This update to the tax code reduces the after-tax security system cost, making it more affordable for businesses to invest in proactive security systems like Edgeworth’s Remote Guarding.
For businesses that are looking for further security savings, Edgeworth’s Remote Guarding typically saves clients 40% over traditional security measures like security guards.
Learn more about how Edgeworth’s Remote Guarding can better protect your business.