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expense alarm system / merger and evaluation question  Chanukah and Christmas gift [free]
 December 19, 2017
NOTICE:  BDA added to updated Fire All in One
    The Fire All in One has been updated to include BDA systems.  This is in addition to the recent update adding Area of Refuge System.   Both of these systems require that the corresponding box be checked if the system is included in the Fire All in One.  A BDA system is an In-Building Wireless Communications Systems for Emergency Responders, Signal Boosters and Bi-Directional Amplifiers (BDA), which systems require testing and service.  You will include that system in the Schedule of Equipment and Services to determine which of the services are included:  wireless system design, surveys, radio equipment installation, testing, coordination and permits with AHJ.  Remember - we offer free updates within 6 months of purchase; half price if within one year.
Chanukah and Christmas gift
                Ron still has books left - get yours today!! Thanks to Ron Davis’ generosity we are offering his smash hit, must have, book, The Start of the Deal.  It’s free.  You just have to click here and fill out the form.  So, Click Here  You can thank me later.  BTW I promised to sell out his First Edition, so EVERYONE should get the gift book right now.  This offer is available until December 25, 2017 and Ron promises to personalize and sign each book.  
expense alarm system 
    As many of your readers know, Section 179 of the IRS Code allows companies to expense the cost of certain capital purchases subject to certain restrictions.  This is as opposed to depreciating these purchases over as long as 39 years.   The Senate version of the Tax Bill specifically calls out Section 179 expensing for commercial fire and security alarm systems placed into service.  This would leave no doubt that they are qualified purchases and allow the buyers of security and fire systems to expense them in the year of purchase.  I believe that this will stimulate spending on these services and help our industry. 
Mitch Reitman
Reitman Consulting Group
Fort Worth, TX 
    By the time this article is circulated we may have a new tax law.  Be sure to check with a tax expert to figure out what you can do to reduce and minimize your tax liability.
Expensing the cost of the alarm system in year of installation will be a welcome tax advantage for subscribers.  Rather than expense an installation you could also offer to lease the system to the subscriber.  Lease payments can be expensed as paid.  
merger and evaluation question
    We are thinking about merging with another company and are looking to get an evaluation on my companies value. Is this a service you can provide and if so can you give me an idea of what this service would cost. 
    Yes.  I provide valuation at different levels and you can choose at 
    Valuation of your company is the easy part.  I don't think you can structure a deal based on value of the combining companies.  That may turn out to be a very short sighted approach.  One company may bring something to the table that permits the combined operation to grow significantly.  Valuation is important for sure.  It may in fact be a good predictor or what each company may produce in the future.         But you're essentially getting married, and if you've been married, you know that a lot of factors come into play.  
    A clear agreement between the partners will help keep things on the up and up.  It will also help you define your expectations.  Call our transactional department for assistance.  Jennifer Kirschenbaum,Esq 516 747 6700 x 302 or

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Ken Kirschenbaum,Esq
Kirschenbaum & Kirschenbaum PC
Attorneys at Law
200 Garden City Plaza
Garden City, NY 11530
516 747 6700 x 301
516 747 6700