posts


By Restaurant Practice Leaders | June 13, 2019

The Counter: Restaurant Industry Scorecard for Q1 2019

Restaurants fared well through the 1st quarter of 2019, posting a 1.5% gain in same-store sales for the industry overall. But, as pressure on profit margins and fierce competition continue to weigh on the industry, some restaurants are... read more


By Restaurant Practice Leaders | June 05, 2019

First-Time 401(K) Plan Audits: What to Expect

For restaurants starting a 401(k) plan to better attract and retain talent, one of the most significant mandates they should be familiar with is the audit requirement. In the second installment of our Employee Benefits blog series, we... 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


By Restaurant Practice Leaders | April 16, 2019

Earnouts: Seller and Buyer Beware

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... read more


By Restaurant Practice Leaders | March 08, 2019

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


By Restaurant Practice Leaders | March 05, 2019

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


By Greg Schu | February 04, 2019

How Restaurants Can Mitigate PCI-Related Cyber Risks

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... 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


By Restaurant Practice Leaders | December 17, 2018

The Disappearing Middle Ground: The Counter Q3 2018

Despite historically high levels of employee turnover, restaurants across segments experienced healthy growth through Q3. read more


By Amber Williams | December 06, 2018

ASC 606’s Impact on Loyalty Programs: Redemption is Key

Under the new revenue recognition standard, restaurants must now take a different approach to accounting for gift cards and loyalty programs. read more