Hospitality

Competitive and cyclical in nature, many restaurants and hotels operate on a slim margin subject to the whims of tourism trends, weather, and other factors beyond anyone’s control.

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From assistance with financing options to structuring “the deal” and projecting revenues, it’s vital to use a tax and accounting firm that understands the financial and operational challenges faced by businesses in the hospitality industry.  

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When you hire accounting and tax professionals that specialize in hospitality-related businesses, you get more than a general business accounting firm. We also handle industry-specific issues that arise such as state and local government tax incentives, R&D tax credits and other deductions that reduce your tax liability, and in-depth knowledge of repair regulations, as well as sales and use tax.

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Our Hospitality Accounting Services

• Internal controls

• Audits, reviews, and compilations (financial statements)

• Cost segregation studies

• Operational and profitability reviews

• Sales and use tax

• Business tax incentives

• Payroll issues (tip reporting)

• Cash flow forecasting and revenue projections

• Financing assistance options

• Mergers and acquisitions

• Business and Real Estate Valuations

• Succession planning and exit strategies

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Our Hospitality Clients:

• Hotels and Hotel Developers

• Golf Resorts

• Entertainment Facilities

• Country Clubs

• Restaurant Franchises

• Family-owned and Independent Restaurants

• Racetracks

• Wineries

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Leave the Accounting to Us

Our specialized accounting knowledge has helped numerous hotels, resorts, restaurants, and other hospitality-related businesses thrive and we’re ready to help you too. Your customers deserve top-notch service and so do you.