While Emily hasn't gone on leave quite yet, Justin takes the helm with production control and an impressive arsenal of sound effects buttons to break down the massive tax legislation signed into law over Fourth of July weekend. After celebrating National Kitten Day and pitching "Detroit Does" as the new WNBA team name, the co-hosts dive into local wins including Detroit City Council streamlining business licensing and Cameron Mitchell's $13 million Big Rock Italian Chophouse remake in Birmingham. The real star is Aaron Frazier from the National Restaurant Association, who explains how the new tax law delivers generational opportunities for operators: permanent 100% equipment expensing (goodbye to deducting that $20,000 oven over seven years), no federal income tax on tips up to $25,000 for four years, and estate tax relief up to $15 million. For an industry that's been sitting on investment sidelines since COVID, this legislation provides the certainty needed to expand, upgrade, and actually plan beyond next quarter. Plus, family medical leave tax credits and childcare benefits that could finally help with retention in a perpetually transient industry. What sound effects do you think describe today's episode? It'll be added to the board in no time. 

Presented by Fahey, Schultz, Burzych, Rhodes PLDC. Find more information at https://fsbrlaw.com/

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