The restaurant industry in 2025 is navigating a landscape shaped by economic volatility, evolving consumer expectations, and rapid technological advancement. From inflationary pressures to labor shortages and cybersecurity threats, operators are facing a complex mix...
As global trade dynamics continue to evolve, the restaurant industry in 2025 finds itself at the intersection of economic uncertainty and operational adaptation. Tariffs—government-imposed taxes on imported goods—are reshaping the way restaurants source ingredients,...
Succession planning in complex family enterprises demands foresight, adaptability, and the ability to anticipate several moves ahead. By combining strategic vision with the flexibility to respond to unforeseen challenges, families can forge a clear path toward...
Beginning January 1, 2024, millions of entities registered to do business within the US will become subject to the new Beneficial Ownership Information (BOI) reporting requirements. The Financial Crimes Enforcement Network (FinCEN) has been tasked with developing this...
As we enter into the new year and a new administration in Washington, D.C., there are significant updates to employee benefit plans that take effect in 2025, driven by existing legislation such as the Employee Retirement Income Security Act of 1974 (ERISA) and the...
In 2021, Congress passed the Corporate Transparency Act (CTA) with the goal of combating money-laundering, financing of terrorist activities, and tax evasion. The CTA requires that business entities, including corporations, limited liability companies, entities...
The Holiday shopping season is here, and retailers will soon be navigating the annual Black Friday and Cyber Monday events. Stores will welcome thousands of visitors, most of which will be there to legitimately shop. However, there will most likely be a few bad actors...
Running a successful restaurant requires a blend of great food, service, and operational efficiency. To understand how well your restaurant is performing and identify areas for improvement, tracking Key Performance Indicators (KPIs) is essential. KPIs can be used to...
As North Carolina continues its recovery efforts following the devastating impact of Hurricane Helene, important tax relief measures have been introduced to aid residents and businesses affected by the storm. Both the Internal Revenue Service (IRS) and the North...
As technology advances, so do the strategies employed by cybercriminals. A particularly pressing concern today is the rise of Generative AI, which is enabling cyberattacks to become more sophisticated and widespread than ever before. Generative AI empowers threat...