Let Your Tax Refund Work For You
Let Your Tax Refund Work For You
Write Off Up to 100% of Your Vending Machine Purchase Thanks to Section 179 Tax Law
Plan ahead for the 2022 tax season by purchasing a new or refurbished machine.
By mentioning “Section 179 Tax Law” you will receive a $100 discount during the month of April towards the purchase of new or refurbished vending machines.
The recently passed Tax Cuts and Jobs Act (TCJA) doubled the amount that businesses can write off for equipment purchases, including vending machines. This helps businesses reduce their taxable income in the year they purchase equipment, offsetting some of the cost.
Tax rules are complicated, HRI Vending recommends you check with your accountant to see how these new rules, summarized in the link below, may impact your business. This summary is provided for informational purposes only, and is not intended as tax, legal or accounting advice.
