Coin Laundry Setup: Guide to Deductible Costs > 자유게시판

Running a coin laundry can be a steady source of income, but like any small business, it comes with its own set of costs.
Knowing which costs are deductible can significantly affect the amount you retain after taxes.
This guide explains the usual deductible expenses for a coin laundry, methods to track them, and the relevant tax rules.
INCOME AND EXPENSES OVERVIEW
To determine taxable income, subtract total deductible expenses from gross revenue.
Gross revenue captures every dollar from coin and card payments, prepaid memberships, and supplementary services such as detergent sales or dry‑cleaning pick‑ups.
Deductible expenses are those considered ordinary in the sector and necessary for operating your business.
KEY DEDUCTIBLE EXPENSE CATEGORIES

1. Equipment and Machinery
   

• Buying or leasing washers, dryers, coin acceptors, and vending machines

• Cost of installing or upgrading automatic payment systems
• Labor costs associated with installation
• Mileage or fuel for delivery of laundry supplies
Large equipment deductions are primarily handled through depreciation.
You may apply MACRS for 5‑ or 7‑year property classes, or choose Section 179 expensing to deduct the entire cost in the acquisition year (subject to caps).

1. Utilities
   

• Electricity and gas used to power machines

• Water and sewage charges for laundry operations
• Heating or ventilation expenses that ensure facility comfort
Because utilities are operating costs, they are fully deductible. Keep detailed bills and isolate the laundry portion from other uses.

1. Repairs and Maintenance
   

• Routine service contracts for washers and dryers

• Replacements of parts such as belts, bearings, or control panels
• Minor renovations that keep the building safe and functional
Repair costs extending equipment life are deductible immediately, while major upgrades adding new features become capital expenditures and are depreciated.

1. Building and Lease Costs
   

• Rent or lease payments for the commercial space

• Property taxes, insurance, and security services associated with the location
• Improvements to the leasehold including shelving, 確定申告 節税方法 問い合わせ lighting, or tile work
All lease payments are deductible; enhancements that boost property value are depreciated across the lease term or the property’s useful life, per the chosen accounting method.

1. Consumables and Supplies
   

• Detergent, bleach, fabric softener, and dryer sheets

• Supplies for coin or card machines like change or receipt paper
• Cleaning supplies for the premises
These costs are standard operating expenses and fully deductible; keep receipts and log usage.

1. Labor and Payroll
   

• Employee wages for monitoring machines, cleaning the facility, or serving customers

• Payroll taxes, unemployment insurance, and worker’s compensation
• Employee benefits including health insurance premiums or retirement contributions
All payroll costs are deductible; use payroll software or a professional service to guarantee accurate reporting.

1. Marketing and Advertising
   

• Flyers, signage, and digital ads

• Promotional events and loyalty programs
• Website maintenance and domain fees
Ads costs are fully deductible provided they directly aim to attract customers.

1. Professional Services
   

• Accounting and tax prep fees

• Legal advice for zoning or licensing matters
• Business licensing and permit costs
These are ordinary business costs and are fully deductible.

1. Insurance
   

• General liability coverage

• Property and casualty insurance
• Insurance for washers and dryers equipment
Premiums are fully deductible; retain payment proof and coverage statements.

1. Miscellaneous
   

• Parking fees and tolls for delivery vehicles

• Membership or subscription fees for industry associations
• Cost of a mobile app or loyalty platform
Provided the expense relates to the business, it is deductible.
RECORD‑KEEPING BEST PRACTICES
Keeping accurate records underpins every deduction strategy. Below are some tips to stay organized:
• Use a dedicated bank account for the business to streamline tracking of revenue and expenses.
• Use accounting software tailored to small businesses; many have built‑in categories for laundromat expenses.
• Maintain receipts, invoices, and bank statements for a minimum of seven years, since the IRS can audit for that span.
• Maintain a mileage log if you use a vehicle for business purposes.
• Keep a thorough fixed‑asset register for depreciation, recording purchase dates, costs, and methods.
TAX RULES TO KEEP IN MIND
• Section 179 expensing caps the yearly deduction. In 2025, the cap is $1,160,000, tapering after $2,890,000 of equipment purchases.
• Alternative depreciation expense (ADE) or bonus depreciation can accelerate deductions for particular property classes.
• On a cash basis, expenses are deducted upon payment, yet depreciation must still be recorded.
• If you run a home‑based laundry, the home office deduction may apply, but only the area used exclusively and regularly for business is deductible.
COMMON MISUNDERSTANDS
1. "All equipment is fully deductible." – You can’t deduct the full purchase price in the year you buy it unless you qualify for Section 179 or bonus depreciation. Most equipment must be depreciated over time.
2. "Utilities are not deductible because they’re utilities." – Since they are direct machine operating costs, utilities are fully deductible.
3. "I can deduct the cost of a new computer only if I use it for marketing." – A computer mainly used for business administration is deductible; personal use limits the deduction to the business share.
FINAL THOUGHTS
A coin laundry may prove lucrative when costs are managed efficiently and tax deductions are leveraged.
Proper expense classification, detailed record‑keeping, and keeping abreast of tax law updates will maximize your after‑tax profit.
If you’re unsure how to use specific deductions or depreciation schedules, consult a CPA experienced in small business or hospitality tax planning.
They can help you navigate the complexities and ensure you’re not leaving money on the table.