Tax Day and Your Business
Tax Day and Your Business
Taxes can sometimes feel overwhelming, especially as “Tax Day” comes closer.
Tax Day is the nickname given to the date when individual income tax returns are due to the federal government. This date is usually April 15th.
A Brief History of Tax Day
After the ratification of the 16th Amendment in 1913, the first Tax Day was March 1 in 1913. The date changed to March 15th in 1918. In 1955, the date was pushed back to April 15th. TIME Magazine published a “The New Tax Law” in 1954 discussing the change of date:
“[Lawmakers] switched income-tax day from March 15 to April 15, thus giving the taxpayer an extra month to recover from Christmas expenses and sparing him the yearly ordeal of hearing and reading cliches about the ides of March.”
Nonetheless, the date-based jokes still stand. After all, as T.S. Eliot put it, “April is the cruellest month.”
Your Refund and Your Business
Nearly 8 out of 10 U.S. tax filers receive a federal tax refund every year. Finance experts typically recommend investing your tax refund, like into your business. DEQOnline has teamed up with several high-quality brands to give you the best return on your equipment investment:
Hobart has been a staple in the restaurant supply industry for over 100 years. They pride themselves in the quality of their products. The prices are more expensive, but features that would be called and priced as “extra” by other companies come standard with Hobart.
BioZone Scientific has a range of sanitation products that will reduce your cleaning time and costs. Last week, we discussed the benefits of the IceZone Sanitation System. The IceZone Sanitation System keeps your ice machine cleaner longer. BioZone also has the Restroom Odor Control Unit. This unit eliminates odors at the source with chemical-free technology. Conventional fragrance dispensers only mask the odors.
Everpure Filters reduce water-related ice machine problems. These problems are usually caused by scale build-up from dirt and dissolved minerals. Filters can extend the life of your ice machine and provide better tasting ice to your consumers.
Manitowoc Ice Machines are some of the best ice machines on the market. You can choose from an undercounter or modular ice machine, choose the shape of the ice the machine produces (flake, nugget, dice), and choose the type of condenser. Check out our previous posts on ice machines to learn more about the differences in these machines.
NorLake carries freezers, refrigerators, coolers, prep tables, merchandisers, and more. They have products for restaurants, bars, and convenience stores. Their Kold Lockers are some of the best walk-in coolers and freezers on the market, and DEQ has the best value on Kold Lockers.
Ready to make the most out of your refund?
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