Category Archives: Taxes

The 2022 Guide to Restaurant Taxes: Tips and Advice

Restaurant accounting and tax specialists have navigated many operators through millions of dollars from COVID Relief, and helped many restaurants become cash-flow-positive even throughout the pandemic. When tax time comes around, working with a seasoned accounting team like the Fork CPAs helps keep the momentum, and ensures the filing process is as pain-free as possible.

Accounting & Tax Guide for Service Charges, Tips, & Delivery Fees

Accounting and Tax Guide for Service Charges, Tips, and Delivery Fees By Marisa Parker, CPA | Published on 08/02/2021 Through months of unimaginable hardships and uncertainty, restaurants around the country have been rethinking their operations. Uncertainty as to if the restaurant will be open the next day, or if any customers will show up in the

The Forgotten Tax Credit for Restaurants

Article by: Marisa Parker, CPA, Senior Client Advisor for Restaurants While states are opening throughout the country, the current job market for restaurant owners has been challenging as potential employees are hesitant in the rapidly changing environment. Restaurants can benefit significantly from taking advantage of the Work Opportunity Tax Credit (WOTC) which encourages restaurants to