Federal and state tax filing can be a source of stress for a restaurant owner beyond that of the average taxpayer. Getting your deductions right is the first hurdle, but then you have to deal with the aftermath and its effect on your cash flow.
Where do you even start?
We have 10 quick tax tips for your restaurant to get started on providing a tax preparer what they’ll need, including information on:
- Food and beverage deductions
- Determining “Safe Harbor”costs
- The Section 179 deduction
- The “8% rule”
- And more!
Download this free tool today to get organized before company taxes come due, and see what restaurant tax deductions you might be overlooking!