Security Management Strategies for the CIOAccess "Using tax depreciation to increase security budgets"
This article is part of the April 2004 issue of Depth charge: Survey shows big spending on defense in depth
If the flowers are blooming and I'm panicking, it must be tax season. As you're reading this, I'm probably racing to the local H&R Block to ritually justify deductions for everything from my subscription to Scientific American to my USB memory sticks. I was thrilled the first time my tax preparer told me I could write off a portion of my home computer, Palm and cell- phone because I used them for business. Bam! In an instant, $1,500 was wiped off my gross income. America, what a country! My elation is something CFOs and corporate accountants know well, and it's something every security manager should take into consideration when justifying purchasing plans: The depreciation of capital assets, such as security hardware and software, is a tax benefit. Take your gross revenue, subtract the depreciation of assets, as defined by the IRS tax code, and you have your net taxable revenue. Corporate officers and shareholders love this; the more depreciating assets their companies have, the less they pay in federal corporate taxes. Here's the way it works: You buy ... Access >>>
Access TechTarget
Premium Content for Free.
What's Inside
Features
-
-
IT security spending 2004: Firms diversify as security budgets tighten
by Andrew Briney
Fearing the worst on IT security spending, companies are diversifying their security spending.
-
Audit failure: How one lab raised IT security awareness and its audit grade
by Anne Saita
Learn how Argonne National Lab raised IT security awareness and its audit grade from 'F' to 'A'.
-
IT security spending 2004: Firms diversify as security budgets tighten
by Andrew Briney
-
-
The future of software security vulnerabilities
by Gary McGraw & Greg Hoglund
The evolution of software security vulnerabilities opens new vistas for business... and the bad guys.
-
Ensure audit success with sound security audit procedures
by George Wrenn
A security review doesn't have to be a sink-or-swim proposition.
-
The future of software security vulnerabilities
by Gary McGraw & Greg Hoglund
-
Columns
-
Using tax depreciation to increase security budgets
by Lawrence Walsh
The depreciation of capital assets, such as security hardware and software, is a tax benefit that every infosec manager should take into consideration.
-
Cyberwar myths: Are cyberwarfare and cyberterrorism overblown?
by Marcus Ranum
Marcus Ranum explains why the whole notion of cyberwarfare is a scam.
-
A little betrayal: Windows purists using Linux security features
by Jay Beale
Jay Beale explains how Windows purists can leverage Linux security features without compromising their allegiance to Redmond.
-
Database security tools for preventing SQL injection attacks
by Pete Lindstrom, Contributor
An emerging breed of database security tools is helping security teams spot attackers' favorite techniques, like SQL injection.
-
In enterprises, proactive information security finally taking hold
by Andrew Briney
Editorial director Andrew Briney says frustration with failure is driving proactive information security spending on new technologies.
-
Using tax depreciation to increase security budgets
by Lawrence Walsh
More Premium Content Accessible For Free
Next-generation firewalls play by new rules
E-Zine
Firewalls started their journey to the next generation at about the same time as the Star Trek TV series. While the products have advanced with ...
Developing your endpoint security management transition plan
E-Handbook
This TechGuide will help you develop your endpoint security management transition plan. Articles focus on overcoming the challenges of Web-based ...
Unlock new pathways to network security architecture
E-Zine
Network security architecture is showing its age at many organizations. With new technology, different data types, and use of multi-generations of ...