Equipment Leasing and Finance Association - Equiping Business for Success

Tax Reform

Resources regarding the impact of recent tax reform legislation (HR 1) on the equipment finance industry.
ELFA members enjoy special access to and discounts on many of the following resources. Learn more.

What's New

The Impact of Tax Reform:  What Equipment Leasing Companies Need to Know
In this article by ELFA members David Burton and Anne Levin-Nussbaum, review seven key changes to expensing rules under the new law. Also, explore the impact of the repeal of like kind exchange for equipment, the net operating loss/80 percent annual limitation, and tax reform and funding structures. Read more.

Tax Reform Web Seminar

Learn about the effects of tax reform on the equipment leasing and finance industry in this recording from ELFA's web seminar on January 23, 2018. View the Web Seminar

IRS Establishes Beginning-of-Construction Guidance
On June 25, 2018, the Internal Revenue Service released Notice 2018-59, establishing beginning-of-construction guidance for the renewable energy investment tax credit (ITC) under Section 48 of the Internal Revenue Code.

Washington Report
The March 2018 and Dec. 22, 2017 issues of ELFA's Washington Report offer an update on tax reform..

EL&F Articles

  • A Turbulent Political Outlook

    The problems with the legislative process in Washington have been long in the making.

  • Adapting to the New Tax Environment

    Late last year, the Congress passed, and the President signed into law, the most sweeping changes to the tax code in a generation. In light of these changes, 2018 is going to be a year of adaptation and clarification.

Additional Articles
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Foundation donors receive benefits, including early access to many of the following resources. Learn more.