Restaurant owners have several avenues for securing capital financing, each with specific implications for tax liability. Your tax attorney can provide specific guidance about which…
In September 2021, less than three years after adult-use sales began, the Massachusetts cannabis market passed a major milestone: Adult-use gross sales surpassed $2 billion.…
In the long process of establishing a nonprofit, obtaining tax exempt status is a critical step. A tax-exempt nonprofit can avoid paying federal income taxes…
One inch of floodwater can cause $25,000 in property damage, according to FEMA—and the cost of a severe flood can be financially devastating. Having flood…
Another calendar year is coming to a close, which means another tax season approaches. Now’s the time for individuals and business owners to be talking…
It’s an understatement to say that 2020 was a bad year for restaurants. The National Restaurant Association’s 2021 State of the Industry report confirmed that…
Restaurants are notorious for having a high turnover rate. Oftentimes, this turnover is caused by the high-stress nature of the job, but in many cases,…
Many restaurant owners today are looking for ways to distinguish themselves from the competition. They have gone to great lengths to introduce new and innovative…