More about karen.blacik@CLAconnect.com
Blog Posts by karen.blacik@CLAconnect.com:
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Tips to grow revenue and reduce costs to help combat inflation
Check out this article I put together with many helpful tips to grow top line revenues as well as cost saving opportunities. Key takeaways are: 1) You have probably tried lots of things during 2022, take some time now to evaluate what worked and what didn’t, 2) Work on developing a loyalty program as well […]
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Limited special deduction for sales tax and delivery fee beginning in July 2022 in Colorado
Sales tax special deduction for a limited time in Colorado Colorado House Bill 22-1406 allows qualifying retailers to claim a limited special deduction from state taxable sales under certain conditions and to retain and spend the resulting state sales tax. The deduction is available for sales made in July 2022, August 2022, and September 2022. […]
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CLA tax webinar for restaurants on July 14th in connection with the National Restaurant Association
You don’t want to miss this webinar “Tax benefits and strategies for your Restaurant: Everything you need to know”. This event is on July 14th at 2 pm Eastern (1 pm Central). Join us for this “content-rich” webinar covering many restaurant tax topics from members of our CLA tax team. The webinar will cover general […]
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Minnesota Front Line Worker Pay Bill – Some relief for restaurant workers in Minnesota
The front line worker pay bill passed earlier this year in Minnesota allows individual employees to apply for their portion of the front line worker funds, up to $1,500 each. This is available for all restaurant employees (and many other front line workers) that meet the following criteria: • Must have been employed at least […]
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Workforce recruitment and retention – Strategies for the Restaurant Industry webinar on March 31st 2 PM ET
Hello everyone. CLA has connected with the National Restaurant Association to produce a webinar focused on solutions and strategies for the labor crunch in the restaurant industry. Join me and other CLA professionals from our HR Consulting and Talent Solutions group. We also have a featured guest, one of our clients, talking about how they […]
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RRF Taxability, RRF Update and ERC taxability
RRF Taxability and recent news about Wisconsin The American Rescue Plan Act (ARPA) established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, […]
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What’s happening with the Restaurant Revitalization Fund (RRF)?
We welcome another guest blogger to the restaurant blog today, Rachael O’Leary, a tax principal in our CLA Chicago office. Rachael can be reached at: rachael.oleary@claconnect.com It has been 5 months since the RRF funds were distributed, and as you have probably heard, only 1/3 of the approved applicants received RRF funding. Fortunately, the National […]
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Restaurant Revitalization Fund (RRF) Reporting UPDATE
We welcome another guest blogger to the restaurant blog today, Rachael O’Leary, a tax principal in our CLA Chicago office. Rachael can be reached at: rachael.oleary@claconnect.com If your restaurant received an RRF grant, the first annual report is due on December 31, 2021. This reporting of how much of the award has been used against […]
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Are your restaurant’s promo cards being accounted for properly?
Today we have a guest blogger – Paul Unger. He is a Director in our Assurance practice and hails from Southern California in our Pasadena office. With the holidays approaching, interest in gift cards will naturally increase. Since gift cards are great for restaurants—you receive cash up front and incentivize customers to return – competition […]
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New Direction for Potential Tax Legislation?
After a week of backdoor negotiations between President Biden and key Democrat holdouts Senators Joe Manchin and Kyrsten Sinema, the White House and progressive Democrats appear prepared to compromise on some significant priorities in order to cobble together a social spending package that can pass Congress. https://blogs.claconnect.com/wealthadvisory/new-direction-for-potential-tax-legislation/