Prior to 1993, the Federal Tax deduction rate for business meals was set at a reasonable 80% of the total cost. Since then, the rate has been set at a lowly 50%, creating a vast distinction between all other business expenses which are set at 100%. Many small business owners and restaurateurs see this disparity as a cause for complaint.  
 
The National [...]

The current law pertaining to the usage of gift cards can vary depending on the store or restaurant’s policy where the gift card is being redeemed or purchased.  However, this freedom on behalf of the retailer and/or restaurateur in creating their own rules  is dangerously close to being revoked.  With the recent proposal for legislation by Senator Ellen Corbett, she hopes to mandate that restaurants be [...]

Vine Solutions Clients: It’s time to start thinking about your 2010 budgets. After the completion of the October P&L’s, Vine Solutions will begin the budgeting process for our clients. Please read this article, which will give you a general process/timeline for the 2010 budget cycle.