New hires complete new Form W-11 to qualify employers for HIRE Act tax breaks

IRS has released Form W-11, Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit. Newly hired, but formerly unemployed, workers must sign this form (or its equivalent) in order for their new employers to … [Read more...]

Restaurants Face Big Changes with Health Care Reform

Paul  Frumkin writes in Nation's Restaurant News that as President Barack Obama prepares to sign a sweeping health care reform bill into law, the foodservice industry faces changes of historic proportion. In … [Read more...]

HIRE Act Aims to Encourage Immediate Hiring with Tax Credits

The President recently signed into law the “Hiring Incentives to Restore Employment Act of 2010” (the HIRE Act, P. L. 111-47, 03/18/2010). The centerpiece of this Act is a payroll tax holiday and up-to-$1,000 tax … [Read more...]

State of Massachusetts Institutes a Tax Amnesty Program for a Limited Time

The Massachusetts Commissioner of Revenue has established a 2-month amnesty period starting April 1, 2010 until June 1, 2010 applicable for tax periods ending on or before December 31, 2009 that is limited to sales-use … [Read more...]

Brewing Up Campaign Cash

Livia Gershon writes in the Worcester Business Journal that in 2004, the state passed a law that kept restaurant staff with managerial responsibilities from being part of any tip pool. According to Jim Coen, … [Read more...]

Indy Joe: What Tax Changes for 2009 Should I be Aware of?

Indy Joe is a DDIFO feature where you the franchise owner can ask Indy Joe a question, and DDIFO will seek an expert in that field to answer the question. Submit Your Questions to Indy Joe?: indyjoe@ddifo.org Indy Joe … [Read more...]

Save BIG and Boost Cash Flow with Cost Segregation

With tax season upon us, Dunkin’ Donuts franchise owners might be interested to know about noteworthy tax-saving strategies. Enter: cost segregation which, depending largely on the scope of a franchisee’s holdings … [Read more...]

Mass Roundup: Budget off $3 Billion

Nancy Reardon of the Patriot Ledger reports that the outlook for next year’s state budget is a bit rosier than state leaders expected, but the chances of a full recovery anytime soon are dim. Some tax collection … [Read more...]

DDIFO Eying Opportunities on Capitol Hill

On February 3-4, 2010 DDIFO Legislative Affairs Coordinator Rob Branca will be in Washington representing the DDIFO at the second annual CFA Day (Coalition of Franchisee Associations). “I’m really looking forward … [Read more...]

Chamber of Commerce Says Private Sector, Not Government, Will Create Jobs

Penny Starr reports at CNSNews.com that Tom Donohue, president of the U.S. Chamber of Commerce, said at the organization's headquarters in Washington, D.C., on Wednesday that Americans and not the government are the … [Read more...]