Blog

Platform Upgrade: 1source API V2

1sourcevend is thrilled to announce the release of Version 2 of our API, marking a significant evolution in our software capabilities. Expanding our data endpoints from 11 to an impressive […]

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Vending Machine Industry Growth

For the industrial distributor, vending machines can provide value-added services to differentiate your company from other high-profile distributors. According to Grand View Research, the global industrial vending market is expected […]

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Vending Machine Depreciation and Tax Benefits

Tax rules are complicated and 1sourcevend recommends checking with your accountant to see how these new rules may impact your business. The following is for informational purposes only, and is […]

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Write Off 100% of Machine Purchases Tax Option Set to Expire

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.

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