Major Tax Policy Changes - What Restaurants Need to Know

On July 4, sweeping tax policy changes became law that directly affect restaurant operators, restaurant workers, and the communities they serve. Many restaurant operators may see more working capital that can support upgrades and expansion, while employees will be able to earn more take home pay through new income tax deductions. But when does this happen? Is it temporary or permanent? What key features do restaurant operators need to track when planning in the months ahead? Register today!

In this webinar, participants will learn more about how a restaurant operator can:

• Fully expense the cost of equipment like a new refrigerator, kitchen oven, or dining room furniture in year one.
• Lower their tax burden when repaying a loan, thanks to a restored business interest expense standard.
• Explain how “No Tax on Tips” and “No Tax on Overtime” will help many restaurant employees keep more of their income.