Our team of experts dive into issues and hot topics of the Hospitality industry. KROST Quarterly is a digital publication released by KROST CPAs & Consultants that highlights different industries such as Technology, Manufacturing, Real Estate, and more. The Hospitality Issue highlights article including California sales tax compliance, employee theft, data breaches, Wage Order 7, trends in restaurant technology, and more.
KROST Restaurant Accountants is here to help your restaurant get ahead of the game. In our October Newsletter, our experts discuss the top trending industry topics including the latest digital trends to enhance your guest experience, advantages versus disadvantages of going cashless, two new laws Gov. Jerry Brown signed, and many more. Our experts personally wrote these topics specific to your interests. We hope you find these articles helpful for the upcoming year.
KROST Restaurant Accountants is here to help you navigate everything from your day-to-day operations to tax updates. As regulations and new trends develop daily, many restauranteurs struggle to keep up with the ever-changing landscape. In the latest edition of our newsletter, our experts detail important topics that will help keep your restaurant ahead of the game. Get updated on new tax codes concerning meal & entertainment expense deductibility, the elimination of the depreciation category for qualified restaurant property, and changes to tip distributions & tip credits. Is your restaurant business prepared for the year ahead?
The foodservice industry has left a lasting footprint on the US economy and continues to evolve with time and new trends. In fact, the only constant in the restaurant world is changing. As regulations and new ideas arise, more and more restauranteurs are taking great pains to keep their fingers on the pulse of the industry to stay fresh and relevant. Our newsletter covers important issues that are applicable to a wide range of businesses from small family-run operations to large franchises. In our latest addition, we provide tips and tools to measure and control inventory levels to increase your potential profitability, discuss breakage and how it applies to your business, and share our insights on how to prevent employee theft.
It’s time for a fresh start and new resolutions for your restaurant business. Is your restaurant prepared for the year ahead? Our newsletter covers several important issues that will assist in your planning. Get updated on new laws and provisions including minimum wage, sick leave, sales tax change, 8027 forms, 1099 information, Futa tax credit reduction and more. Read our “Main Entrees” section for information on Directors & Officers Difference in Conditions (DIC) Coverage, an article by Debbie Sommars that highlights important lease information, and a Kudos to some of our amazing clients.
We’re heading into Fall with some up-to-date industry information and trending topics written by top restaurant experts. Check out our main entrees section discussing important restaurant grading changes, EMV chargeback issues, minimum wage & sick pay updates, some crafty R&D savings, and important information regarding the Affordable Care Act. Also, take a look at our events including the CRA Los Angeles Chapter Annual Golf Tournament. Lastly, get to know California Chicken Café under our client profile section.
Happy New Year! We are starting off 2016 fresh with trending topics and up-to-date industry regulations written by top restaurant experts. Check out our main entrees section discussing important employment law updates, sick leave issues, Research & Development credits within the industry, the importance of vendor terms and the service charge vs. traditional tipping. Also, special thanks to those who made our CRA Golf tournament such a success to benefit the ProStart Education Foundation. Lastly, get to know Tacolicious, a community conscious restaurant company in the Bay Area, in our client profile as well a testimonial from California Chicken Café.
Our January Newsletter consists of articles written by top Restaurant experts on trending industry topics. To start off the new year with a bang, this newsletter is packed full of industry updates for 2015. We start off with our Main Entrees with updates on current Minimum Wage Laws and Forecasts, Cost of Goods analysis for 2015, new Employment Law Requirements, Affordable Care Act compliance, and etc. In our side panel, we’ve added a “Congratulations!” section to our newsletter to highlight our clients’ new restaurant grand openings, testimonials from our clients, and a client profile on Dog Haus.
Our July newsletter is dedicated to the California Restaurant Association. You’ll find informative articles on the future of minimum wage, Affordable Care Act updates, the proposed assembly bill (AB 1522) on paid sick leave for restaurant employees, the current economics of California restaurants, and food handling regulations in the restaurant industry. We have some events in August that we excited to be a part of. Our firm is having a panel at the Western Foodservice & Hospitality Expo and we are also one of the sponsors for the CRA Golf Tournament at the Malibu Country Club.
Happy 2014! There will be a lot of changes in the restaurant industry this year so stay ahead of the game by getting up to date on new regulations that are in effect. In this issue, our experts help distinguish service charges from discretionary tipping, inform about the “ABCs” of California Booze Law and give advice on 3rd party inspections and hot insurance issues for the restaurant industry in 2014. As for our company news, we would like to congratulate Jean Hagan, the Director of Restaurant Operations, for becoming one of the Principals of our firm.
Our August newsletter is packed full of knowledge from our industry experts about Affordable Care Act implementations, the best road map to picking out business intelligence system best suited for your restaurant, and the importance of reviewing your 1099s-MISC. The main event for our August newsletter is fully dedicated to the Western Foodservice Expo held on August 18-20, 2013. We are partnering up with Paychex, Ctuit, ISU and Lathrop & Gage, LLP to provide a Solution Center to help improve your business and to answer any industry questions and concerns.
In our May Restaurant Newsletter, you’ll find very informative articles on the upcoming minimum wage increase, Prop 65, and the benefits of joining the California Restaurant Association. Discover what happened during the Affordable Care Act Q&A Panel and the Lobby Day Rock’n Restaurants CRA event. Also, be on the lookout for upcoming bills in Sacramento that can greatly affect your restaurant. Lastly, we are exhibiting at the Western Foodservice & Hospitality Expo and we hope to see you there!
It’s time for new beginnings as the new year arrives. Is your restaurant prepared for 2013? If your restaurant did not meet 2012 goals, the new year gives you a chance to start fresh. Get updated on new regulations that can affect your business with our newsletter. Learn the importance of being prepared for the Affordable Health Care Act, get updated on taxable fringe benefits, and read about new repair vs. capitalizations and service-charge laws. Be sure to sign up for our restaurant seminar “Restaurant Management: Operations, Systems & Financial Controls” to learn the secrets of running a successful restaurant.
November launches the start of major holidays and the busiest quarter for restaurants. Learn the importance of maintenance, discover business intelligence software, and much more with our quarterly newsletter. Our first ever restaurant seminar “Restaurant Management: Operations, Systems & Financial Controls” was such a hit that we are hosting a second session. We would also like to invite you to our Restaurant Management Seminar in January at the historic Roosevelt hotel in the middle of Hollywood’s hall of fame.
It’s July and we’re half way through the year. Our July edition of the newsletter features thoughtful articles to get you through the rest of the year. Please be familiar with “Obamacare” and what it means for employers. We would also like to invite you to our Restaurant Management seminar in September at the historic Roosevelt Hotel in Hollywood.
Welcome to our quarterly newsletter, this edition includes some technical and operational articles we hope will be of benefit. If you would like more information on any of the articles written by our staff or by our professional partners, please feel free to contact us at any time.
We cordially invite you to join our “Restaurant Management: Accounting & Controls” seminar on Monday, March 5th at the Rolling Stone Restaurant in Hollywood. This dynamic and valuable seminar is catered to owners, operators, controllers, CFO’s, and managers of single-location, small or large chain restaurant companies. Participants will walk away with significant, tangible information on how to increase profits.
Welcome to the Restaurant Times, a quarterly newsletter designed to offer you a variety of information that focuses on the restaurant industry. I invite you to take a few minutes to browse our educational Articles, Resource of Professionals, Client Spotlight, Current Events, Case Studies and more. Please feel free to contact us if you have any comments, questions, or suggestions.