The restaurant industry is no stranger to volatility. From razor-thin margins to labor shortages and inflationary pressures, operators must constantly adapt to survive. The One Big Beautiful Bill Act (OBBBA), passed in July 2025, offers a rare opportunity: a...
The manufacturing sector has long operated under a tax framework shaped by the 2017 Tax Cuts and Jobs Act (TCJA). With many of those provisions set to expire in 2025, uncertainty loomed. Enter the One Big Beautiful Bill Act (OBBBA)—a sweeping tax reform package signed...
Throughout my career, I have had the opportunity to work with a diverse range of restaurants, assisting them with tax, accounting, and operational challenges. While many restaurant owners demonstrate a solid grasp of their financials, others encounter recurring issues...
Maintaining accurate and complete records for ERISA-covered benefit plans is not just good business practice; it’s a critical responsibility for plan sponsors. Missing documentation can create significant liabilities. For example, if a former employee, or even their...
On July 4, 2025, the One Big Beautiful Bill Act (OBBB) was signed into law. This sweeping piece of legislation makes many of the 2017 Tax Cuts and Jobs Act (TCJA) provisions permanent, while introducing new deductions and tax relief measures for businesses,...
For plan sponsors, the decision to file benefit plan forms electronically or by paper is no longer just a matter of convenience—it’s a compliance issue. With recent regulatory changes now in effect, it’s more important than ever to understand when electronic filing is...
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...