BDO is one of very few CPA firms in the U.S. with a robust and dedicated Restaurant Practice. BDO's mission is to achieve sustainable professional, cultural and economic growth as well as meaningful recognition in the marketplace and the profession.Here you will find news related to Restaurant
Earnouts—an increasingly relied upon tool within an M&A transaction—help bridge the gap between a Seller’s expectation and a Buyer’s perception of the current state of the Seller’s business. But as a particularly challenging transactional element, earnouts can cause concerns for both buyers and sellers.
BDO’s Ross Vozar joins Eric Duffee of law firm Kegler Brown Hill & Ritter to help buyers and sellers alike navigate key challenges when using an earnout.
Restaurants built in Opportunity Zones can help vitalize underserved communities and attract local talent while offering its owners a highly valued tax incentive. But what should potential investors keep in mind when evaluating the potential investment?
Lack of clarity around the tax treatment of Qualified Improvement Property (QIP) under the Tax Cuts and Jobs Act (TCJA) may result in higher than expected tax bills for restaurants that made renovations and improvements during 2018.
BDO has identified workarounds that restaurant owners can use this tax season to minimize their tax liability from this unintended harsh result.
The expanding role of consumer data means the threat of cyber-attacks and data breaches, along with the consequences of such events, are growing increasingly pronounced. The restaurant industry is no exception, with several high-profile breaches occurring in 2018 alone.
With their reputation as well as millions of customers’ data at risk, what can restaurants do so that valuable data remains secure?