This is one time you may want to make a quick call to your accountant, then order up some of those infrastructure items you are putting off. A bill known as “tax extenders” if signed by the president will reinstate Section 179 tax credits for 2014 only. The bill passed by the House earlier this month then passed the Senate Tuesday evening, and has been sent to the President for signature. It is expected to be signed. You have a deadline of 12/31/2014 to benefit, so act now, call your accountant and have them help you decide how this last minute retroactive move can help you. To learn more, go to http://www.section179.org/
Mr. Nichols has over 25 years of experience in the Information Security and Healthcare Technology industries. Mr. Nichols leads the Global Product Security program at Danaher Corporation, representing over 30 companies, including 4 medical device manufactures and 8 life sciences companies. Focusing on security by design for Danaher’s medical devices, diagnostics, life sciences, water quality, environmental and applied solutions product portfolios. Mr. Nichols is the chairman for the Danaher Global Product Security Council and serves on the steering committee for the Medical Device Innovation Consortium (MDIC). He is a certified healthcare information security and privacy practitioner (HCISPP) and a certified HIPAA privacy security expert (CHPSE).