New Federal Reporting Requirements

From time to time DDIFO is pleased to present Guest Commentary from valued contributors. Guest commentaries feature the views and opinions of the contributor and are not necessarily the opinions of DDIFO and it’s Board of Directors. The following is an article written and submitted by Cindy Capobianco, CPA 60 Quaker Lane, Warwick, RI, 02886-0182. Phone: (401)822-199 DDIFO Members Read More

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Small Businesses Closely Watching Tax Cut Debate

David KLightman writes in McClatchy Newspapers that Lonny and Robin Kocina started their business in the laundry room of their house more than 20 years ago, and they now employ about 45 people. However, they worry that Washington lawmakers are about to stifle their effort to keep their business growing. House Minority Leader John Boehner said Sunday he is willing to back tax cuts only for the middle class if that’s the only option he’s got – though he emphasized it would be “bad policy,” and that he wants Bush-era cuts extended for everyone.

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A Timbit of Trouble

570 News in Toronto reports that Tim Horton’s franchise owners have launched a near $2-billion lawsuit claiming lost profits since the iconic Canadian company switched from fresh-baked to frozen donuts. The $1.95-billion suit is scheduled to go to court in November and it has even divided franchisees, as a large group of store owners is trying to stop a smaller group from following through on the lawsuit.

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A Cup Good to the Last Drop-off

Jenn Abelson reports in the Boston Globe that Coffee rivals join forces in quest for perfect green container. For more than four years, Hellyar, supply chain manager for Dunkin’ Donuts, has hunted for an alternative to the much maligned Styrofoam cup — long enough to earn him the nickname “Joey Cups.’’ The ideal container would have to be recyclable or compostable, keep coffee hot, and not cost franchisees too much

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Support the Arbitration Fairness Act

Binding arbitration clauses are increasingly being inserted by businesses when entering into contacts with other parties. These clauses, which often provide businesses with an advantage and go unnoticed by the signer, drastically limit the legal options available to the signing party. The Arbitration Fairness Act bans mandatory binding arbitration clauses in consumer and employment contracts, including franchise agreements. Specifically acknowledging the disparate economic power between the parties, the bill invalidates the enforceability of pre-dispute arbitration agreements in franchise disputes

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Dunkin’ Northeast Drivers Postpone Strike

Nation’s Restaurant News reports that the union representing drivers and delivery staff for Dunkin’ Donuts’ largest distributor in New England has postponed plans to strike after making progress in contract negotiations, parent company Dunkin’ Brands Inc. said Tuesday.

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