Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry
Modern Restaurant Management
APRIL 8, 2020
Funds can be used to pay fixed debts, payroll, accounts payable, and other bills. While state depreciation rules may differ, this correction could be a big benefit to multi-unit operators making property improvements, allowing those businesses with QIP expense in 2018 and 2019 to potentially file amended federal income tax returns.
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