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This Episode is Sponsored by: CBIZ
How will the One Big Beautiful Bill Act (OBBBA) impact your food business? Unraveling the implications of new legislation is never easy, but Patrick O’Reilly and Jeff Pera of CBIZ explain how provisions of the bill related to no tax on tips, depreciation and expensing of capital purchases, and research and development will impact the industry.
Check out CBIZ’s Big Beautiful Bill information page here: https://www.cbiz.com/insights/big-beautiful-bill
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More about Patrick O’Reilly:
Patrick O’Reilly is a managing director with CBIZ. He primarily serves as an outsourced CFO for clients, providing senior level management and oversight of accounting and finance operations. Patrick has an emphasis on improving internal controls and operational efficiency. He has a depth of experience and knowledge of the food and beverage industry, including restaurant operations, among others. Patrick is knowledgeable in taxation, business plan formulation and implementation, human resource management, payroll, benefits administration, insurance, retirement plans, and all manners of financial accounting software applications. While Patrick is most frequently engaged as an ongoing outsourced resource, he also provides interim situations as needed.
More about Jeff Pera:
Jeff Pera is a managing director with CBIZ and serves as the Food & Beverage Industry Leader for CBIZ in the West Region. He provides tax, business, and industry advice and insights to clients with an extensive focus in the food and beverage industry. He uses his in-depth industry knowledge as the basis for developing and applying tax and value-added business strategies customized to his clients. Previously, Jeff was a managing partner in the Greater Bay area at a national accounting firm. He also has served as a managing director at a wealth advisory firm and was partner-in-charge of the middle-market practice at a “Big Four” accounting firm.
