Operating a successful restaurant can be overwhelming. We understand your industry challenges as well as the complexity of tax regulations and paperwork involved. Our professional team has years of industry-specific experience—providing tax and accounting services to clients that range from full-service dining establishments to franchise restaurants and caterers.
We are intimately familiar with tax laws specific to the restaurant industry, commonly used forms and notices, and day-to-day food service operations. We can answer your questions about tip reporting, food and liquor costs, sales/meals tax audits and more. Because we know the industry and are dedicated to consistently educating ourselves on industry trends, our services help clients mitigate their tax burden and improve their bottom line.
What do accountants do with themselves after tax season? Actually, the same thing they do during busy season: They work hard for their clients. The only difference is that instead of cranking out tax returns, they help clients work through other aspects of their financial health—including issues revealed during the yearly tax return process.
Spend it? Save it? Invest it? Share it? Here are a few ideas for putting your tax refund to work for you:
Most professions have their own lingo, and accounting is no different. What is different is that you have a vested interest in understanding what your accountant tells you about your financial situation. So, here’s a quick primer on common accounting terms—some business-related, some general—to keep you in the know: