Watch the Recorded Webinar!
Understanding various tax benefits and deductions is important for your laundry business. However, that’s easier said than done. Taxes can definitely be confusing, which is why we want to help you clear a few things up and save some money in the process!
Coin-O-Matic is teaming up with Tony Fremarek, our chief financial officer and owner/founder of A Fractional CFO, to present a special webinar on the Bonus Depreciation tax benefit.
Bonus Depreciation is a tax current incentive that allows laundry businesses to deduct as much as 100% of the purchase price of their commercial laundry equipment plus other eligible assets THIS YEAR rather than write them off over the "useful life" of the equipment.
What We Covered:
Bonus Depreciation & Section 179 depreciation basics
Capital planning for your laundromat business
Creating an equipment lifecycle replacement policy