Joe Sebik is a CPA in New York. He is a member of ELFA’s Financial Accounting Committee and Alternative Energy Subcommittee and Chair of the Federal Income Tax Committee. He is a Director of Tax Reporting for Siemens Financial Services.

Joe Guage is a CPA in New York and also a member of ELFA’s Financial Accounting Committee. He is the CFO of First American Equipment Finance.

The authors thank David Burton of Norton Rose Fulbright for his knowledge and assistance in preparing this article.