Cost Segregation Studies for the Hospitality Industry: Does it Increase the Likelihood of Audit?

May 16, 2019By KROST CPAs

Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “Cost Segregation Studies for the Hospitality Industry: Does it Increase the Likelihood of Audit?” by Guest Contributor Harry Sahi, Manager – Cost Segregation, KBKG. “A common concern raised by business owners in the hospitality industry regarding cost segregation studies Read the full article…

California’s Wage Order 7: What You Need to Know

May 9, 2019By KROST CPAs

Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “California’s Wage Order 7: What You Need to Know” by By Gina Gross – KROST Restaurant Accounting & Consulting. “Many restaurants have on-call policies that require employees to call in to find out whether they need to work their Read the full article…

The Restaurant Technology Industry: Trends and Funding

May 2, 2019By KROST CPAs

Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “The Restaurant Technology Industry: Trends and Funding” by Paren Knadjian, Practice Leader – M&A and Capital Markets. “Over the last ten years or more, customers have changed how they discover, book, socialize, interact, and pay at restaurants. As customers Read the full article…

Tax Breaks: The Next Great Wine Pairing

April 25, 2019By KROST CPAs

Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “Tax Breaks: The Next Great Wine Pairing” by Guest Contributor Tetyana Guguchkina, Manager – Research & Development Tax Credit Services, KBKG. “While California has dominated the wine industry for decades, new regions across the United States are making waves Read the full article…

Risky Business: Safeguarding Your most Valuable Assets

April 18, 2019By KROST CPAs

Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “Risky Business: Safeguarding Your most Valuable Assets” by Steve Chhuor, Manager – Assurance & Advisory. “Most businesses understand that accepting card payments is an option that attracts customers who need a quick and easy payment option. The shift of Read the full article…

Sales Tax Compliance for California Restaurants

April 10, 2019By KROST CPAs

Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “The Battle to be a Profitable Restaurant: How to Deal with Employee Theft” by Aric Wong, CPA, Manager – Tax. “With 72,000+ restaurants in California, the state does everything possible to ensure taxes are properly reported, collected, and paid Read the full article…