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Thought Leadership
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Navigating the New Normal: Key Challenges and Strategic Solutions for Restaurants in 2025
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...
Tariffs and the Restaurant Industry in 2025: Navigating the Impact
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: Securing Your Family’s Legacy for Generations to Come
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...
Beneficial Ownership Reporting
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...
New Year: New Employee Benefit Plan Updates
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...
FinCEN BOI Update
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...
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