KROST Restaurant Seminar: Protecting Your Business

February 17, 2020By KROST CPAs

KROST is hosting a dynamic restaurant seminar, Restaurant Management: Protecting Your Business, on March 2nd, 2020 from 2:00 PM – 4:00 PM with guest speakers Corbin Wade of Hub International and Jesse Caryl of BCK Legal. The seminar will be followed by a cocktail reception sponsored by Hub International and BCK Legal from 4:00 PM Read the full article…

Mid-Year Tip Check

August 5, 2019By KROST CPAs

It’s time to do a short analysis of your status, regarding tip reporting. The annual filing form 8027 for tipping establishments is calculated on an annual basis-reported to the IRS in February. A mid-year tip check gives you some time to correct any issues you may have with individual employees or your employee group. As Read the full article…

Minimum Wage Increases 2019

June 6, 2019By KROST CPAs

On July 1, 2019, the minimum wage will increase in the cities of Los Angeles & Santa Monica, and the County of Los Angeles. The City and County of Los Angeles Minimum Wage Ordinances both mandated annual wage increases until it reaches $15.00 per hour on July 1,2020. Small businesses (less than 25 employees) have Read the full article…

BOE Sales and Use Tax Rate Increase Effective April 1, 2019

March 28, 2019By Melissa Cunarro

Effective April 1st, 2019, a district tax increase will be applied in several localities throughout California. The rate increase is due to the passing of numerous Measures in various counties on November 6, 2018 to fund several improvements such as street improvements, maintain essential services, neighborhood safety, disaster preparedness, among others. To all restaurant operators, Read the full article…

Client Profile: Bondi Harvest Cafe

October 10, 2018By KROST CPAs

Bondi Harvest Cafe is a casual dining destination inspired by Sydney’s most famous stretch of sand, Bondi Beach. Boasting a food philosophy focusing on locally-sourced produce seasonal cooking and healthy eating, amazing coffee, fresh juice and a laid-back friendly attitude. The space is full of sun and skate artifacts and elements. The natural worn wood, Read the full article…

New California Laws on Straws & Soda

October 10, 2018By KROST CPAs

On October 4th, Gov. Jerry Brown signed two new laws that will dramatically impact restaurant operators. The first law makes California the first state to prohibit full-service restaurants from automatically giving out single-use plastic straws. On the same day, he also signed a bill that requires milk or water to be the default drink sold Read the full article…