Retention Period Requirements for Preservation of Records

May 16, 2024By KROST CPAs

As featured by the California Restaurant Association as an Industry Insight. Below is a summary of the record-retention requirements for sales and use tax, federal and state income tax, federal and state employment tax, and federal and state requirements for various other employment-related records. This article was written in partnership with Zaller Law Group. Record-keeping Read the full article…

Anna Chen is Attending INBOUND 23

September 5, 2023By KROST CPAs

Our Marketing Director, Anna Chen, is attending the INBOUND 23 conference at the Boston Convention & Exhibition Center. The event will run from September 5th – 8th and is designed for marketers, sales professionals, entrepreneurs, business owners, and industry thought leaders. There are a variety of dynamic activities on the agenda, including keynote speeches, breakout Read the full article…

Keeping Control – Weekly Profit & Loss Reports

September 13, 2002By Anna Chen

The restaurant industry is notoriously competitive. Over fifty percent of all restaurants close within five years of opening. In addition, profits for full services operations only average four to five percent. By paying attention to the details, an operator can increase profits significantly. A key tool used by many operators to maximize profits is a Read the full article…