The next installment of the Coalition of Franchisee Association (CFA) Virtual Congressional Town Hall series will be held on Tuesday, October 20 beginning at 3:00 PM EST on Zoom. This Town Hall event will feature Oklahoma Congressman Kevin Hern, a former farmer and McDonald’s franchisee who understands well the franchising industry. There is no fee…
Read More »Whether it’s the “Problem Solver Compromise” or some other legislative relief, let’s capitalize on the dwindling days of 2020. With less than four weeks of legislative days left on the 2020 calendar, Congress has little time to pass a stimulus package to help franchisees during this critical time. It is time to end partisan politics!…
Read More »Misty Chally, Executive Director of the Coalition of Franchisee Associations (CFA), was a guest on the Wall to Wall program on the One America News (OAN) network yesterday discussing a number of franchise owner concerns. Specifically, she addressed the possible negative tax ramifications for small businesses that accepted Paycheck Protection Program loans if the pending…
Read More »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…
Read More »Absent further action by Congress to extend a further financial lifeline to small businesses, the period in which employers are required to maintain payroll as a condition of Paycheck Protection Program (PPP) loan forgiveness is coming to a close (24-weeks since first receiving a payment). Unfortunately, businesses that have reopened, but are not yet financially…
Read More »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…
Read More »The Coalition of Franchisee Association (CFA) has announced that its next virtual Congressional Town Hall Discussion will feature Illinois Congressman Rodney Davis from the 13th Illinois Congressional district. The discussion is scheduled for Thursday, August 27 at 3:00 PM ET. Representative Davis, whose father worked at a McDonald’s restaurant before he became a McDonald’s franchisee,…
Read More »If you’ve already reached out to your congressman and advocated for needed amendments to the HEALS Act, thank you. If you haven’t, then we need you to do so ASAP!! As we advised this week in an Action Alert Membership Update sent out yesterday to all members, the Health, Economic Assistance, Liability Protection and Schools…
Read More »The US Senate Committee on Commerce, Science and Transportation held a hearing this week specifically on the Federal Trade Commission, the federal agency charged with oversight of franchising across the country. The panel of witnesses at the August 5 hearing included all five of the FTC Commissioners, including Commissioner Rohit Chopra, who specifically highlighted some…
Read More »The Coalition of Franchisee Associations (CFA) is working alongside the National Restaurant Association (NRA) to broaden a proposed restaurant-only stabilization fund to help the restaurant industry recover from the coronavirus pandemic and the economic devastation it has caused the industry. As we advised a few weeks ago, the newly-created Independent Restaurant Coalition is pushing Congress…
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