Accounting, tax and advisory for restaurants and hospitality businesses, from a single location to a multi-unit group.
Restaurants, bars, hotels and venues have little room for error. Food and labor costs move every week, tips and payroll come with their own rules, and every new location adds complexity to the books and the tax return.
We work with owners and operators from single-location restaurants to multi-unit and franchise groups. We keep the books accurate and current, handle tip reporting and payroll compliance, and plan ahead on tax, so you know where the business stands and what it can afford next.
Accurate books reconciled to your POS and bank accounts, closed on a schedule so you see food, labor and prime costs while you can still act on them.
Getting tip reporting, tip credits and payroll filings right, including the new reporting rules for qualified tips and overtime.
Planning around the FICA tip credit, depreciation on equipment and renovations, and entity structure so you keep more of what you earn.
Location-level reporting, budgets and cash flow forecasts that show which units are performing before you open the next one.
State, sales and local tax obligations across Pennsylvania, New Jersey and Delaware, including Philadelphia's business taxes.
Day-to-day bookkeeping, monthly close and financial reporting, handled for you or alongside your team.
Tax planning, compliance and credits for owners and their companies, with an eye on the owner's personal return.
Your team brings tax, accounting and advisory experience together, so the person reviewing your books also understands your tax position and your growth plans.
Most food and beverage businesses where tipping is customary can claim it. The credit covers the employer's share of Social Security and Medicare taxes paid on employee tips above the amount needed to meet the federal minimum wage, and it can be one of the largest credits a restaurant claims each year. Read more in Tax Credits Every Restaurant Owner Should Know.
Employees claim the deduction on their own returns, so it does not change what you owe. It does change your reporting. Employers are responsible for reporting qualified tips and occupations accurately, and payroll forms are being updated to capture them. Our article on new IRS guidance on tips and overtime covers the details.
Often, yes. 100% bonus depreciation is permanently restored for qualifying property acquired after January 19, 2025, and Section 179 expensing applies to many equipment purchases and certain interior improvements. The right mix depends on your income and entity structure. See New Depreciation Rules for Hospitality.
Yes. We set up reporting by location so you can compare units side by side, and we help groups and franchisees plan for new openings, financing and the tax impact of growth.
Our office is in Media, PA. We work with restaurant and hospitality businesses across Delaware County, Greater Philadelphia, South Jersey and Delaware, and nationwide.
Let's talk about where your numbers stand and what comes next.
Stay informed with our latest articles for restaurant and hospitality owners.
If you own a restaurant, bar, food truck, or entertainment venue, the One Big Beautiful Bill Act (OBBBA) just handed you one of the most significant tax planning opportunities in recent years. The ...
Running a restaurant means managing tight margins, rising labor costs, and constant operational pressure. The good news? Several federal tax credits are available that can help restaurant owners ...
The One Big Beautiful Bill Act (OBBBA) creates new income tax deductions for tax years 2025 through 2028 for qualified cash tips and overtime compensation. If you receive tips or overtime pay, you ...