Business Lobby Opposes Payroll Tax Order

Just a week after asking in a letter to Treasury Secretary Steve Mnuchin for clarity on President Trump’s Executive Order allowing deferral of Social Security payroll taxes, the  US Chamber of Commerce this week came out in opposition to it. In a letter sent this week to Mnuchin, Speaker of the House Pelosi and Senate…

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CFA Congressional Town Hall Next Thursday

Less than one week remains until the Coalition of Franchisee Association (CFA) hosts its next Congressional virtual town hall discussion, this one with Illinois Representative Rodney Davis (R-IL-13). Click here to register. Representative Davis, whose father worked at a McDonald’s restaurant before he became a McDonald’s franchisee, learned many aspects of the franchise world from watching…

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Tennessee Codifies Liability Shield

The Volunteer State followed the lead of its neighboring Georgia, Alabama and Arkansas this week when Tennessee Governor Bill Lee signed the COVID-19 Recovery Act into law. The new law, which became effective with the Governor’s signature on August 17, provides that businesses, healthcare providers, schools, non-profits and other entities and individuals will not be…

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And on the Flipside, There’s DC

Taking a different tack, the DC City Council on July 28 passed and the Mayor signed the Protecting Businesses and Workers from COVID-19 Emergency Amendment Act of 2020. This new law mandated that employers within the Nation’s Capital implement new social distancing measures and worker protection policies within one week, by August 20. Further, it…

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Colorado Tax Cut Cleared for Ballot

A citizen-driven initiative petition to cut both the corporate and individual income tax rates in the state of Colorado has cleared the requisite hurdles and qualified for the November ballot. Backers of Initiative 306, “State Income Tax Rate Reduction”, submitted a total of 198,538 signatures to the office of the Colorado Secretary of State this…

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July Economic Volatility

Just about halfway through life with the coronavirus, there was a mix of good and bad results coming to us last month. On the positive end of the spectrum, the U.S. Commerce Department reports that retail sales at restaurants jumped by 5 percent last month – easily outpacing the 1.2 percent growth experienced by the…

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Competitor News

Krispy Kreme announced this week that the company’s new flagship store in New York’s  Times Square is slated to open on September 15. The store was originally scheduled to open back in June of 2019, but that opening was delayed for months until May of this year when the coronavirus pandemic pushed it off further.…

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Next Webinar Wednesday Event

There’s still a couple of weeks before we host our next DDIFO webinar, but why not get it on your calendar now?  On Wednesday, September 16 from 1:00 – 2:00 PM EST, we will present “Modernize Your Business: Finance Tips for Franchise Owners during COVID-19”. This timely and informative presentation will feature Gregg Genovese, a…

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Analytix Solutions: Managing Challenges Faced by Multi-Unit Franchisees

Especially in these challenging times, the accounting and reporting challenges that franchise owners – especially multi-store franchise owners – experience can be legion. In response, Analytix has developed a specific Dunkin’ portal that addresses 5-8 of the primary pain points and this presentation will take you that process in detail so that you will have…

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With Congress’ Inaction, Trump Issues Executive Orders

Last weekend, President Trump followed through on his threat to provide relief to Americans through Executive Orders if Congress couldn’t reach agreement on a new relief bill. They couldn’t so he did, signing 4 EOs under the broad heading of coronavirus stimulus.  Of particular import to business interests, he authorized deferral of the employee share…

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