Small Business Relief Grant From Restaurants Care

April 12, 2022By KROST CPAs

Restaurants Care is once again partnering up with SoCalGas, PG&E, SDG&E, and Wells Fargo to offer relief grants and services to restaurants in our local communities. These generous funders have made it possible to assist small businesses with their financial situation. The Resilience Fund provides cash grants of $3,000 and one year of small business Read the full article…

Register for our Complimentary Webinar – 2022 Restaurant Budgeting & Projections: Impact of the Pandemic on Your Bottom Line

February 16, 2022By KROST CPAs

Join us for our upcoming webinar 2022 Restaurant Budgeting & Projections: Impact of the Pandemic on Your Bottom Line on Tuesday, March 8th at 10AM PST. During this session, industry expert, Derek Johnson, will discuss the significance of budgeting and projections, how setting attainable goals will influence your bottom line, while also highlighting the impacts Read the full article…

ERTC Terminated for Q4 2021

November 8, 2021By Jason Melillo

The Infrastructure Bill (H.R. 3684) was passed by the House on November 5, 2021 and is expected to be signed into law by President Biden.  As part of the Bill, the employee retention tax credit (with the exception of the recovery startup business credit) is no longer in effect for the fourth quarter of 2021. Read the full article…

California Main Street Small Business Tax Credit II

October 21, 2021By Jason Melillo

In Late September 2021 Governor Newsom signed Assembly Bill (AB) 150 establishing the Main Street Small Business Tax Credit II. This bill provides financial relief to qualified small businesses for the economic disruptions in 2020 and 2021, resulting in unprecedented job losses. Taxpayers that qualified for Employee Retention Credit may also qualify for the Main Street Read the full article…

[Webinar Replay] The Restaurant Revitalization Fund

May 4, 2021By KROST CPAs

If you missed our webinar led by Paren Knadjian, Head of M&A and Capital Markets and Jean Hagan, Principal of Business Management, there is a recording available. This webinar goes over the Restaurant Revitalization Fund, including details of the new Restaurant Revitalization Fund eligibility, how to apply, what documentation is required, and updates on PPP Read the full article…