by Bob Nieman | Jul 8, 2022 | Highlights, Industry News
Chair of the Senate Committee on Small Business and Entrepreneurship Ben Cardin recently introduced legislation to create what’s being called the Hard-Hit Small Business Relief Fund (S.4471). For small businesses demonstrating substantial losses in 2020 and 2021 due...
by Bob Nieman | Jul 7, 2022 | Highlights, Industry News
On July 18, 2021, New York City enacted Local Law 80 of 2021, which repeals the licensing requirement for retail laundries. This repeal went into effect on December 31, 2021. Beginning last December, a retail laundry license from the city’s Department of Consumer...
by Bob Nieman | Jul 4, 2022 | Highlights, Industry News
To be eligible for a 2022 Section 179 deduction, the eligible equipment must be purchased and put into service by midnight December 31, 2022. It’s not enough to merely buy the equipment. Given that, laundromat owners are reminded to keep the current supply chain...
by Bob Nieman | Jul 1, 2022 | Industry News
Although the majority of 2022 state tax changes take effect at the start of the calendar year, some are implemented at the beginning of the fiscal year. Individual and corporate income tax changes usually take effect at the beginning of the calendar year to maintain...
by Bob Nieman | Jul 1, 2022 | Highlights, Industry News
The Rotary Club of Crook County in Oregon recently presented the Family Access Network with a grant of $2,000 to support laundry services at Express Eco Laundromat in Prineville, Ore. The laundromat partially matched the grant funding to help support the purchase of...
by Bob Nieman | Jun 30, 2022 | Highlights, Industry News
Mr Jeff, a home-delivery laundry service franchise, has announced the signing of two new franchise agreements in South Florida. Franchisees Sam Boulet and Christian Santo will open new Mr Jeff locations in Ft. Lauderdale and Broward County, respectively, later this...