The Pulse on the Economy and Capital Markets: May 16–20, 2022

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At a glance Investors are growing more concerned about stagflation versus inflation when it comes to the financial markets and economy. Risk assets like US stocks and cryptocurrency saw steep declines last week, while government and investment-grade bonds and commodities moved higher. Not only is inflation affecting consumers, but it is also impacting major retailers…

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The DOL Delivers Final Ruling on Reinstated 80/20 Rule

At a glance The main takeaway: The Department of Labor reinstated the 80/20 Rule on “dual jobs” as well as introduced the 30-minute rule, which is set to impact business owners who employ tipped employees. Impact on your business: While tip-generating work is done for specific customers, employers will need to determine a method to track a…

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City of Atlanta Announced a CPA Statement is Required for Restaurants to Renew their Alcohol License

At a glance The main takeaway: The City of Atlanta has decided to move forward with the compliance of ordinance 10-106(c) which would require restaurants to provide a CPA statement to renew their alcohol license. Impact on your business: Many restaurants are still struggling post-pandemic and a sales audit can take considerable time and cost, especially for…

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The Pulse on the Economy and Capital Markets: Nov 1 – Nov 5, 2021

At a glance: Overall markets continued their impressive streak higher with smaller companies leading the way. The infrastructure bill is already benefitting smaller companies as US-focused small company stocks excelled last week. The strong jobs report highlights workers are coming back at about 20 percent higher than expected likely due to Covid-related support ending in…

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How to Attract and Retain Talented Employees with a Top Benefits Package

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At a glance: Competition is hot: The labor market is more competitive than ever, as more employees leave their current positions to seek higher-paying, growth-focused opportunities. Stand out in the market: Employers can separate themselves from the crowd and attract the best employees by leveling up their employee benefits packages and perks. Get an expert’s perspective: Partner with…

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Tax Update: New Guidance on New York’s Pass-Through Entity Tax Credit

At a glance The main takeaway: New York State just recently provided some additional guidance on its pass-through entity tax credit, including eligibility, election periods and estimated payments, among other areas. Impact on your business: It’s important to understand the key nuances of how the credit works, especially if you are an eligible partnership or S corporation.…

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Opening your First Restaurant? Here’s How to Raise Capital

Opening up a business for the first time in any industry is difficult. Opening up your first restaurant is even harder. Restaurants are capital-intensive and expensive to build out, and the stabilization period is long and uncertain. Compared to experienced business owners with a financial history, first-time restaurant owners will have limited access to sources…

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