Virginia OKs COVID-19 Employee Health/Safety Standard

The Virginia Safety and Health Codes Board has voted to approve a Final Permanent Standard (Final Standard) related to COVID-19. It is anticipated that Governor Northam will soon approve the Final Standard, which sets forth health and safety requirements related to COVID-19 for all Virginia employers and is expected become effective on January 27, 2021.…

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IRS Delays Start of Filing Season

The Internal Revenue Service (IRS) announced last week that it was delaying the start of the 2020 tax filing season until February 12, at which time the agency will begin accepting and processing tax returns for 2020. Tax filing season usually begins in late January, but in deference to the recent passage of the latest…

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Upcoming Webinar Events

We pleased to announce a couple of new webinars have been scheduled that you may want to attend. DDIFO will host another very timely webinar sponsored by the Coalition of Franchisee Associations (CFA) on Tuesday, January 26 from 3:00 – 4:00 PM EST. Updates to Labor and Employment Law will feature attorney Rob Bernstein, a…

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Tax Writers Try for Extenders in COVID or Funding Bill

Although it may have seemed to be the ultimate longshot at times, Senate Finance Chairman Charles Grassley (R-IA) is hopeful of adding expiring tax breaks (aka tax extenders) to the omnibus appropriations bill and COVID-19 relief package coming together this week. Senator Grassley said the must-pass nature of COVID relief in particular increases the likelihood…

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Emerging Stronger from COVID with Text Recruiting and Workstream.us

Desmond Lim is the co-founder and CEO of Workstream.us. A former restaurant operator and the first in his family to immigrate to the United State and attend college. A graduate of MIT and Harvard University, Desmond has helped hundreds of franchisees from Dunkin’ and other major brands with HR issues, recruiting, technology and software. When…

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COVID Relief Caught in the Crosshairs

It’s beginning to look like we’ll have to wait until the Georgia runoff elections are over and decided until we see any further movement on a new COVID relief bill out of Congress. Although momentum seemed to be building over the past week or so, control of the US Senate may be getting “in the…

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Ohio Begins Workers Comp Dividend Payments

As we told you several weeks ago, the Ohio Bureau of Workers Compensation (BWC) yesterday began paying out an aggregate $5 billion to employers across the Buck-Eye state. Over 178,000 employers will receive the dividends, which come from the surplus in the state workers compensation fund, a result of closings caused by the COVID pandemic…

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Upcoming Wednesday Webinar

As we approach the Christmas and New Year’s Day holidays, we’re pleased to bring you one last Wednesday Webinar in 2020. Next Wednesday, December 16 from 2 – 3 PM EST, DDIFO will host a presentation by Workstream.us entitled “Emerging from COVID Stronger with Text Recruiting”. Registration is now open and you can Register Here…

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Starbucks

A couple of days ago, Starbucks was upbeat hosting its 2020 Investor Day, at which the company announced that it will be rolling out an oat milk platform in 2021. At the same time, CEO Kevin Johnson also reported that US comp sales are currently negative low mid-single digits and that they’ve softened further in…

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Franchisee Transactions with Advantage Wealth Solutions: What your CPA Doesn’t Know (or Isn’t Telling You)!

 This presentation covers investment and tax strategies that may allow more of your capital work for you. Content will include reviewing events that might trigger personal and/or corporate tax liabilities, current tax policy and non-product specific solutions meant to mitigate those taxes. Kyle Kadish, the President of Advantage Wealth Solutions, conducts this program along…

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