By Restaurant Practice Leaders | November 14, 2016

2016 Year in Review: Tax Planning for Restaurants

As 2016 comes to an end, taxpayers need to be proactive in year-end tax planning. The Protecting Americans from Tax Hikes Act of 2015 (PATH Act), was signed into law in December 2015 and made many changes that are effective with 2016 tax returns.

By Dr. Tami Bolder | November 29, 2016

Guidance on IRS Section 2704

By Vince Stasiulewicz | October 20, 2016

BDO Restaurant CFO Bootcamp Event Recap

From September 21 to 23, Las Vegas played host to BDO's Restaurant CFO bootcamp. The three-day event catered to industry professionals including independents, franchisees, franchisors and more. Throughout those three days, key issues and trends were discussed among industry...

By Giselle El Biri | October 17, 2016

Variable Interest Entities – Guidance on ASU 2015-02: Part 2

Last week, we started exploring how the FASB’s revised guidance for variable interest entities (VIEs), ASU 2015-02, can impact restaurant businesses. In today’s post, we round out our discussion with more details about how this guidance specifically affects limited...

By Dirk Ahlbeck | October 03, 2016

Nine Questions Brewery Owners Should Ask Their CPAs: Part 1

Do you own a brewery and have a question that you think may be outside of your CPA’s scope of knowledge? Do yourself a favor and just ask! From research and development (R&D) to trademarking advice, your CPA can provide insights into some tricky financial scenarios and help...

By Giselle El Biri | September 19, 2016

Variable Interest Entities – Guidance on ASU 2015-02: Part 1

The variable interest entity (VIE) rules continue to be a hot topic for restaurants. Many times, a restaurant may set up separate legal entities for various purposes, such as a real estate entity that owns the restaurant facility or a separate entity to operate a commissary...

By Restaurant Practice Leaders | September 14, 2016

The Counter: How Did Your Restaurant Fare?

Each quarter, we take a look at publicly traded restaurant companies’ operating results to provide insightful benchmarking information. In this issue of The Counter (previously known as quarterly Benchmarking Updates), we look at the first half of 2016—and introduce a new look.

By Restaurant Practice Leaders | September 02, 2016

R&D for IPAs: Tax Breaks for Brewpubs

Over the past few years, it has become clear that craft beer is trending in the fast casual scene. While most fast casuals are stocking and selling, brewing their own is just around the corner. Owning and operating a brewery can be an expensive business, from the cost of...