Restaurant & Hospitality

From shifting consumer preferences to innovative new trends, long-term success in the hospitality industry requires a robust business model built on sound accounting principles and a flexible cash flow. Whether you are a small independent or a large national chain, a franchise or an expansive resort, our team can help you develop strategies to overcome industry uncertainties. Having a dedicated team of experts who are up-to-date on current developments and will serve as a partner in your operational development is a distinct advantage. We will work alongside you to establish an actionable plan to achieve solutions vital to your ongoing success and development. Ultimately, our working relationship will create a stronger business with a clearer financial picture and the ability to adapt to fluctuating industry trends.

Our professionals can help with:

  • Wage and hour regulations
  • Payroll
  • Tip allocation and credits
  • Business meal deductibility 
  • Employee benefit plan audit
  • The work opportunity tax credit
  • The welfare-to-work tax credit
  • Small business health plans
  • Cash flow management strategies
  • Estate tax repeal
  • Internal controls
  • Restaurant depreciation
  • Increased use of information technology, including internet transactions
  • Industry benchmarking
  • Cost segregation studies that will identify building and improvement costs for which depreciation can be accelerated