Know Your Issues – Trump v. Biden – VOTE Tuesday!

The 2020 Presidential campaign comes down to a precious few days now as the polls – early voting, mail-in and in-person – all will close on Tuesday. If you haven’t yet done so, please be sure to get out and vote on November 3. An integral part of exercising that critical civic responsibility is understanding…

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Time Off Obligations for Employee Voting

While we’re on the subject of voting, employers must be aware of their requirements in some states to not only allow their workers time off to go and vote, but to pay them for that time as well. We found this article with the enclosed map particularly helpful in identifying the states where employees are…

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Ballot Questions Abound

Aside from the Presidential, Senatorial and Congressional elections on the ballot on Tuesday, there are also a broad array of ballot questions that may have a significant impact on business interests – now and/or in the future across the country. We want to highlight a few of these for you. We’ve advised you in past…

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Of COVID Refunds, Rebates, Curfews and Such

Restaurant owners out in California have initiated formal requests for rebates on funds they’ve paid to the state, county or municipality for permits, liquor fees, etc. since they have not been legally able to operate. Currently, most restaurants in the state are limited to 25% of capacity, and even under the best of COVID circumstances,…

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IRS Increases Retirement Limits for IRA & 401K Plans

In response to the coronavirus pandemic wreaking havoc on the US economy, the Internal Revenue Service (IRS) earlier this year implemented an easing of the rules governing Individual Retirement Accounts and various other (401k, 403, 403b, etc.) retirement plans. This week, the agency announced the inflation-adjusted figures and extended many of the enhanced contribution limits…

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Staying Compliant in Delaware

Periodically, we will hear directly from some federal, state or local regulatory agencies asking us to assist with delivering a message to QSR franchisees in general, or Dunkin’ franchisees in particular, about one issue or another. Whenever possible, we try to accommodate these requests and pass along the information. Such was the case again this…

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Dunkin’ Dollars

Dunkin’ Brands reported very solid Q3 Earnings yesterday. Its revenue beat estimates by $17M and GAAP EPS were $.13 above estimates. Dunkin’ did not announce any news of a merger with Roark/Inspire Brands, of which talks had been confirmed on Sunday. The Brand was very clear that it would not speak of the matter until…

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Starbucks

Like Dunkin Brands, Starbucks also held an earnings call yesterday reporting on its Q4 results. Overall, it beat analyst expectations, but its US business is in worse shape. US same-store sales were 9% negative, matching the 10 negative percentage points it has been trailing Dunkin US by throughout the spring and summer months. Its Q4…

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Miscellaneous

The U.S. economy grew by a record 7.4 percent in the quarter ending in September, although it has recovered only two-thirds of the ground lost in the first half of the year due to the coronavirus pandemic. Data released this morning by the Bureau of Economic Analysis showed that at an annual rate, gross domestic…

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Upcoming Webinar & Events

DDIFO will be sponsoring another in our webinar series on November 12 from 2:00 PM – 3:00 PM EST. This program, “Workforce Systems and Operations Made Easy” will instruct attendees on an easier way to manage your workforce with HR, payroll and timekeeping solutions all in one unified paperless system. This presentation comes to you…

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