by Bob Nieman | Jan 11, 2023 | Highlights, Industry News
The Section 179 deduction for 2023 is $1,160,000, which is an increase from $1,080,000 in 2022. All U.S. companies can deduct the full purchase price of all qualified equipment purchases, up to the limit of $1,160,000. In addition, the “total equipment purchase” limit...
by Bob Nieman | Jan 10, 2023 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
A Look at One of the Most Critical Aspects for Successfully Scaling a Pickup-and-Delivery Service [This is the third of a three-part feature article on managing a fleet of laundry delivery vehicles. Here are links to Part 1 and Part 2.] One of the main elements in the...
by Bob Nieman | Dec 30, 2022 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
A Look at One of the Most Critical Aspects for Successfully Scaling a Pickup-and-Delivery Service [This is the second of a three-part feature article on managing a fleet of laundry delivery vehicles. You can read Part 1 here.] Make no mistake: your delivery vans are...
by Bob Nieman | Dec 30, 2022 | Highlights, Industry News
Human resources and payroll solutions company Paychex recently unveiled its annual list of the most prominent regulatory issues employers will need to contend with in 2023. Here’s a look at the leading compliance-related topics laundromat owners should keep an eye on:...
by Bob Nieman | Dec 29, 2022 | Highlights, Industry News
More than 50 people representing nine nationalities recently participated in a free, eight-week virtual financial education session, which was led by Qualitas of Life, a nonprofit organization dedicated to improving Hispanic family financial security. On December 10,...
by Bob Nieman | Dec 27, 2022 | Highlights, Industry News
In 2023, 27 states will increase their minimum wages – with most of these hikes taking effect on January 1. California will have the highest minimum wage rate at $15.50, up from the $15 it set in 2022. Only Washington D.C. has a higher minimum wage of $16.10. D.C.’s...