The Tax Reform Act of 2017 gave us the new Section 199A pass-through deduction—a valuable tax deduction available to many businesses, including those in the restaurant and hospitality industry. It also gave us some eligibility requirements that have to be met to take the deduction.
As the Heritage team prepares for NAFEM, we wanted to reflect on the value of relationships –with manufacturers, certified service professionals and parts distributors. In 2016 the debate between OEM versus OCM parts heated back up.
The new tax law contains some of the biggest changes we’ve seen in tax policy in the last 30 years. Some of the changes will be beneficial to your business and some will not. Our goal is to help you sort them out to maximize the benefits to your business and plan for the changes.
Executives from 17 countries gathered in London for the 2017 Restaurant Franchising & Innovation Summit — Europe last week. The event, produced by Networld Media Group, provided the opportunity for more than 100 restaurant leaders to share advice, success stories and discuss how they moved on from failure.
Attorney Brian Schnell of Faegre Baker Daniels LLP offers up advice and tips on how potential franchise operators and franchisors can sidestep common disputes before the arguments move toward a court setting. Good communication and clear expectations are key.
Trumpcare was pulled from consideration in a vote by Congress, despite an ultimatum from the President to vote on the measure. For now, the Affordable Care Act remains with plenty of questions about what's next being asked by restaurant leaders and employees.
Food trucks are the fastest-growing foodservice channel, and the niche is evolving into a well defined industry with its own organizations and support entities, including specialized software providers and event organizers. Part 3 in this 4-part series explores the emerging industry.
Less than a week before the overtime regulations were to kick in, a federal judge in Texas has blocked the rule that would have made an estimated 4 million American workers eligible to claim overtime pay.
By Nicholas Resetar/ Attorney Unless you’ve been living under a rock, you’re probably aware that the mobile-based augmented reality game, Pokemon GO, has taken the world by storm. This manifests itself daily in oblivious players with their heads glued to...
Three of this year's top-10 stories revolved around the fast food industry: Domino's new emoji ordering option ranked as No. 7 and the availability of alcohol at fast food locations, such as some Starbucks and Taco Bell locations, came in at No. 9.