Operating a successful restaurant can be overwhelming and we understand the challenges business owner face within the industry as well as the complexity of tax regulations and paperwork involved. Our professional team has years of industry-specific experience—providing tax and accounting services to clients that range from full-service dining establishments to franchise restaurants and caterers.
We are intimately familiar with tax laws specific to the restaurant industry, commonly used forms and notices, and day-to-day food service operations. We can answer your questions about tip reporting, food and liquor costs, sales tax audits, and much more. Because we know the industry and are dedicated to consistently educating ourselves on industry trends, our services help clients mitigate their tax burden and improve their bottom line.
Your success is our main priority, which is why we work to identify the right blend of services for each client. With Rickhoff & Associates, you will also enjoy our personal approach to doing business. We know that every client has different goals and changing needs, so we work with you throughout the year to offer advice, review your financial status, and ensure there are no surprises at year-end. Professional, personalized, client-focused…Rickhoff & Associates is the new breed of accounting firm.
Black Friday and Cyber Monday need no introduction, but for small business owners it’s all about Small Business Saturday—an annual holiday shopping tradition that gets communities out in support of their local small businesses. Small Business Saturday falls on November 24 this year, so if you haven’t already…start getting the word out.
The Protecting Americans from Tax Hikes (PATH) Act of 2015 requires Forms 1099-MISC reporting non-employee compensation (NEC) in box 7 to be filed by January 31.
Small business owners in many communities offer downtown trick or treat events. Take advantage of this opportunity to build your business reputation. Involvement in local events goes a long way with both existing and prospective customers—indicating a vested interest in your community. Find creative ways to make your business stand out this trick-or-treat season. We hope the following suggestions will spark fun promotional ideas: