ECS Financial Shareholder Nancy Geary Featured in NEFA Newsline March/April Issue

ECS Financial Services is pleased to announce that shareholder Nancy Geary, CPA, CLFP, has been featured in the March/April 2018 issue of the National Equipment Finance Association’s publication NEFA Newsline. The article, “Key Tax Changes for the Leasing Industry,” focuses on the effects the Tax Cuts and Jobs Act will have on the leasing industry over the course of the next few years.

“Nancy’s timely article on the key tax changes and her 34 years of experience at ECS Financial show her commitment to the equipment leasing industry. I’m thankful to have such a dedicated and knowledgeable professional at our company who is willing to share her expertise with organizations like NEFA,” said Sam Oliva, CEO, ECS Financial Services.

The feature breaks down various changes created by the sweeping tax reform enacted in December 2017. Geary pays special attention to the aspects of the Act that impact depreciation, namely Section 179 Expensing and Bonus Depreciation. The piece goes on to provide important information regarding corporate taxes, passthrough income and other provisions. Geary urges readers to further discuss the effects of the Act with their tax professional and to expect to require additional assistance as the year develops.

Geary’s extensive industry knowledge and past work with NEFA Newsline combined with ECS’ reputation as a leader in the industry prompted NEFA to reach out to Geary and publish the detailed piece she crafted to inform readers of the impact of the new tax code. As a Certified Public Account (CPA) and Certified Lease and Finance Professional (CLFP) with over three decades of experience in the financial industry, Geary is an ideal thought leader for the publication to work with.

NEFA Newsline is the official magazine of the National Equipment Finance Association and is published on a bi-monthly basis. It is sent electronically to over 3,000 industry professionals and distributed at various conferences.  Readers rely on the respected publication for insight into the industry and relevant information provided by well-versed industry professionals. Geary and ECS Financial as a whole are honored to once again be included in the magazine.

Geary’s article can be found on page 38 of the March/April issue of NEFA Newline. For questions regarding the Tax Cuts and Jobs Act and its effects on the leasing industry, Nancy Geary can be reached at 847-291-1333 or by email at ngeary@ecsfinancial.com.

Find out more about ECS and its services by visiting www.ecsfinancial.com.

ABOUT ECS FINANCIAL

Since 1962, ECS Financial Services has been driven by its mission to provide clients with world-class accounting and financial services. For the past 25 years, ECS has focused its expertise on the equipment leasing industry. From portfolio management to accounting and tax services, ECS has the industry covered. Our expert staff understands clients’ needs and offers world-class services with the capabilities of a large-scale accounting firm and the personal attention of a small business. For more information, please visit www.ecsfinancial.com.

Source: ECS Financial Services

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Categories: Accounting

Tags: equipment leasing, expensing, leasing, NEFA, Section 179, Tax Cuts and Jobs Act, tax law, tax reform, taxes


About ECS Financial Services

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ECS Financial Services is a full-service accounting firm that caters to the leasing industry. Visit www.ecsfinancial.com.