We are happy to announce the release of our newest industry magazine! The Sports & Entertainment Issue highlights some of the hot topics in the sports & entertainment industry including tax issues for athletes, estate & trust planning, Client Accounting Services, and more. What You’ll Find Inside this Issue: Protecting Your Assets and Legacy: Estate Read the full article…
We are happy to announce the release of our newest industry magazine! The Financial Services Issue highlights some of the hot topics in the Financial Services industry including the Silicon Valley Bank collapse, Section 1244, Section 1256, virtual currency, and more. What You’ll Find Inside this Issue: Federal Deposit Insurance, Corporation Insurance, and the Read the full article…
We are happy to announce the release of our newest quarterly magazine! The Hospitality Issue highlights some of the hot topics in the hospitality industry including tax credit for new employees, double-dipping, lease provisions, and HR solutions. What You’ll Find Inside this Issue: Tax Credit for Hiring New Employees by Kimberly Hoang, CPA A Win Read the full article…
[INFORMATION POSTED AS OF APRIL 12, 2022] 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 Read the full article…
The House on Thursday approved more than $40 billion in COVID-19 assistance for restaurant owners who applied but were unable to receive assistance from the federal Restaurant Revitalization Fund. The Restaurant Revitalization Fund depleted quickly as the number of applicants surpassed the number of available funds. Just after three weeks of launch, the fund aided Read the full article…
Congress passed a $28 billion recovery fund, estimated to be enough to fund roughly 100,000 grants for the restaurant industry. However, in just the first few days of launching it, the SBA received about 186,000 applications. In fact, the latest reporting indicates that the number has grown to 266,000 applications, requesting a total amount of Read the full article…
Jean Hagan, Principal, serves on the Board of the California Restaurant Association Foundation. She is excited to share that in addition to funding employees’ needs through Restaurants Care, they have also been able to create a resilience fund for restauranteurs now. Through some major funding from SoCal Gas, PG&E, and SDG&E, they have been able Read the full article…
In 2020, the Restaurant Industry was projected to do $899 billion in sales. That expectation has since been adjusted down to $659 billion in sales, a $240 billion hit to the industry as a result of the pandemic. Every operator has felt the effects of the pandemic, and the most motivated, wasted no time pivoting Read the full article…
Jean Hagan (Principal, Restaurant / Business Management) and Paren Knadjian (Practice Leader, M&A, and Capital Markets, PPP Forgiveness) are hosting a free webinar with the California Restaurant Association (CRA), on the PPP Second Draw Program. Join our restaurant accounting and consulting experts on Thursday, January 14th at 10AM PT as they provide an in-depth look Read the full article…
With 2020 in the history books, many restauranteurs are looking at similar uncertainties in 2021 that the industry has been hurdling for the last nine months. Information is flying at us at near lightspeed, and it is easy to lose sight of the opportunities that lie within the voluminous pages of new legislation. However, one Read the full article…
