What was the net deferred tax liabilities for Moes Southwest Grill as of December 29, 2024?

According to Moe's Southwest Grill's 2025 Franchise Disclosure Document, as of December 29, 2024, the net deferred tax liabilities were reported as $ (64,182). This figure represents the net amount of deferred tax liabilities after considering both deferred tax liabilities and deferred tax assets. In comparison, as of December 31, 2023, the net deferred tax liabilities were $ (74,271).

Deferred tax liabilities arise because of temporary differences between the accounting treatment and tax treatment of certain items. For Moe's Southwest Grill, these temporary differences primarily relate to intangible assets, operating lease assets, prepaid costs and expenses, and depreciable assets. Deferred tax assets, on the other hand, arise from items like net operating loss carryforwards, operating lease liabilities, reserves and allowances, and accrued expenses.

The net deferred tax liability can impact Moe's Southwest Grill's financial planning and future tax obligations. A net deferred tax liability indicates that the company will likely pay more taxes in the future when these temporary differences reverse. Franchisees should be aware of how these deferred tax items can affect the overall financial health and stability of Moe's Southwest Grill, as it could indirectly influence the franchisor's ability to support its franchisees.