Section 179 Tax Deduction & Commercial Laundry Equipment Financing

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It’s the 4th Quarter and the year will be over before you know it.

Are you taking advantage of the Section 179 Tax Deduction for purchasing new equipment for your business?

Financing your new commercial laundry equipment before the end of year may allow you to keep more of your money through Section 179 Tax deductions.

What is Section 179?

Section 179 of the IRS tax code allows businesses to deduct the cost of certain types of equipment on their taxes. Commercial laundry equipment including washers, dryers and other equipment may be eligible for 2017 Section 179 deductions. You must purchase the qualifying equipment before December 31, 2017. Ask your tax professional how Section 179 can work for your laundry business.

It’s the 4th quarter already. Time is running out!

Invest in your business today and improve your bottom line with Section 179 deductions.

Eastern Funding’s XPRESS-APP financing program is designed to give laundry business owners a faster way to get their commercial laundry equipment financed. Learn more here.