posts tagged as Tax


One Year After Wayfair: What Nonprofits Need to Know

It’s been over a year since the Supreme Court announced the landmark decision South Dakota v. Wayfair, opening the door for states to require organizations to collect and remit sales tax even if the organization has no in-state physical... read more


By Restaurant Practice Leaders | May 31, 2019

Internships at BDO

BDO internships aren’t about coffee runs, mountains of busy work, or an empty, lonely cubicle. Instead, you’ll have the opportunity to contribute, make genuine connections, and have a real impact on our organization. read more


By Kari Maue | April 22, 2019

Starting a 401(K) Plan: What You Need to Know

Faced with a tight labor market, many restaurants are looking into offering defined contribution plans as a way to attract and retain talent. read more


A Primer on the New Excise Tax on Nonprofit Compensation

Tax reform introduced a significant tax on certain types of nonprofit compensation. Learn the details, including who owes the taxes, which employees are covered, and what board members and other stakeholders should do to minimize liability. read more


From Idea to Impact: 4 Fundamental Elements for Sustainability

People. Governance and compliance. Transparency and communication. Operational and financial management. To sustain your nonprofit organization and take your mission from idea to impact, consider these four critical elements to achieve... read more


Minimizing Tax Liability without QIP Guidance

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 retailers that made renovations and improvements during 2018... read more


An Opportunity Zones Guide for Restaurants

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... read more


Retailers Will Feel Shutdown Impact For Many Months

Even as a short-term solution unfolds, the impact of the record-long government shutdown will likely be felt by the retail industry throughout the first half of the year. Diminishing consumer confidence, potential tax refund delays, and... read more


By Katherine Gauntt | January 17, 2019

Impact of the Wayfair Supreme Court Decision on Nonprofits

Do you know all the ways the Supreme Court’s decision in South Dakota v. Wayfair could impact your nonprofit organization? Whether or not your organization offers goods and services, all organizations could now face extra costs to comply... read more


By Lisa Haffer | January 09, 2019

Employee Shift Meals Remain 100% Deductible for Tax Purposes

Restaurants are kicking off 2019 with exciting news: thanks to new tax reform guidance, employee meal shifts remain 100% tax deductible. read more