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Mastering Worker Classification: Seven Essential Tips for Restaurant Owners

Modern Restaurant Management

This new rule repeals the Independent Contractor Status Under the Fair Labor Standards Act rule ( 2021 IC Rule ) issued on January 7, 2021, and introduces a revised analysis that aligns more closely with the FLSA as interpreted by established judicial precedents. Facing an audit or investigation.

Audits 418
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2025 Restaurant Payment Trends and Predictions

Modern Restaurant Management

billion in 2021 and the meal delivery market is expected to reach more than 192 million users by 2029. Increased Frequency of Fee and Rate Auditing Many restaurants and QSRs have had massive increases in order ahead and digital ordering over the last few years.

2025 447
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COVID-19-Related Government Budget Deficits May Spur Aggressive Payroll and Sales Tax Audits 

Modern Restaurant Management

The Center on Budget and Policy Priorities estimates that state budget shortfalls will reach almost 10 percent in the current fiscal year and about 25 percent in fiscal year 2021. Given the budget deficits faced by federal and state governments, taxing authorities are likely to begin encountering increased pressure to collect more revenue.

Audits 450
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Ultimate Restaurant Payroll Guide 2021

7 Shifts

Updating your payroll records in case of an audit. Ultimate Restaurant Payroll Guide 2021 for retirement savings plans, such as a 401(k). The Fair Labor Standards Act (FLSA) and IRS require businesses to keep three years of payroll records in case of an audit. Paying employees what they are owed on time.

2021 370
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Are EV Charging Stations Worth the Investment?

Modern Restaurant Management

The EV market experienced explosive growth in 2021, which is projected to continue into 2022. billion in 2021 profits for their EVs – more than six times higher than its 2020 earnings. Elevate inspections and audits. Instead, rely on integrated tech tools for easier, faster, and more accurate inspections and audits.

Audits 473
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The New Normal: How Technology Can Help Streamline Restaurant Operations

Modern Restaurant Management

According to the 2021 State of the Restaurant Industry Mid-Year Update , more than 3 in 4 restaurant operators struggle with recruitment and retention, despite an increase in employment. Restaurant operators who have yet to integrate technology into different aspects of their operations should conduct an audit. Kitchen operations.

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The Cost of B-ing Good

Modern Restaurant Management

B Corp Certification, a credential bestowed by the non-profit organization B Labs, is a way for businesses to address those concerns and more as they undertake an in-depth auditing process, and come out with a seal of authenticity around their sustainability and social responsibility claims and a branding kit to help promote it.