A Surprise Trend: ‘Inflation Relief’ Tax Policy
Rising inflation levels have hit consumers hard, and state lawmakers have spent time trying to provide relief, including indexing income tax brackets, issuing taxpayer rebates, and adopting new sales tax exemptions. Georgia, Idaho, Indiana (with an expansion of a...
COVID Relief Bill Introduced
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...
ICYMI: New York City Repeals Retail Laundry License Requirement
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...
Don’t Overlook Supply Chain Delays When Considering Section 179 Deductions
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...State Tax Changes Taking Effect Mid-Year
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...
CLA Business Solutions
CLA is working with select service providers to offer programs and services to help you with your business operations
New Laundromat Entrepreneur
Get this free guide to the laundry industry that will help you navigate your start-up. This is the definitive handbook from the CLA for potential investors interested in purchasing or building a laundromat.
Cost-Effective Laundromat Marketing Tips
Kick off your digital marketing strategy with tips and tricks that won’t break the bank. Download the free guide today!