IRS Issues Guidance on Payroll Tax Deferral

Last Friday, the Internal Revenue Service (IRS) along with the U.S. Department of the Treasury published a new guidance relating deferral of the employee share of payroll taxes for social security. The guidance (Notice 2020-65) provides that an employer choosing to defer the payment of employee payroll taxes between now and the end of the…

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GAO Releases Report to Congress on Pandemic

On Monday, the U.S. General Accounting Office (GAO) completed and published its report to Congress on the initial government response to the COVID pandemic. The report reviews in detail the four coronavirus relief bills that have been enacted to the tune of $2.6 trillion at this point and delineates the specific obligations of the government…

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California Court Dismisses Prop 65 Lawsuit

A Los Angeles Superior Court judge has finally put an end to a nine-year old court case in California where the Council for Education and Research on Toxics (CERT) challenged a state regulation issued by the California Office of Environmental Health Hazard Assessment (OEHHA) exempting chemicals in coffee from being listed as carcinogens as required…

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Two Months Late, New Jersey Opens Indoor Dining

At long last, New Jersey restaurants can reopen for indoor dining beginning today across the Garden State. At the beginning of the week, Governor Phil Murphy announced on Twitter that restaurants will be allowed to function at 25% of capacity beginning at 6 AM today. The state originally planned to allow 25% capacity indoor dining…

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When It Rains, It Pours

A few weeks ago, we reported on McDonalds suing to recover severance and bonus payments paid to terminated CEO Steve Easterbrook. On the heels of that evolving storm, executives at McDonalds now have an additional matter to deal with – a federal civil rights lawsuit brought by 52 black former franchisees. In the suit, filed…

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Upcoming Webinar Wednesday Event

Members are able to register now to attend our next Webinar Wednesday event scheduled just over two weeks hence.  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 partner with The…

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Do As I Say, Not As I Do

I suspect there aren’t many who haven’t seen the video of U.S. House Speaker Nancy Pelosi in the hair salon this past weekend – when hair salons were restricted from conducting any business inside their establishments – only outside hair dressing appointments were permitted by San Francisco but it was just one of several displays…

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Dunkin’ Doings

They missed the 2016 presidential election by a mile, but the polling experts nailed this one! A recent Harris Poll published this week in USA Today identified Dunkin’ coffee as first among eight brands of packaged coffee rated above average by the nation’s consumers. The other seven in order of preference included: Starbucks, Café Bustelo,…

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Stay Current with Federal and State Posters

Every so often, we like to remind our small business owners of some of the myriad mandates and dictates with which they must comply. One of those that we all can easily overlook is the requirement to post certain information relating federal and/or state laws. Federal law requires that all employers with less than 50…

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What’s Brewing: Ad Tax Threats, Property Tax Hikes, Sales Tax

The last five months have been a trying time for Dunkin’ franchise owners and quick-service restaurants across the country. Now operators face a new threat to their bottom lines: cash-hungry city and state governments. Facing huge budget deficits in the wake of the coronavirus pandemic – and the harsh blow it has delivered to the…

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