posts tagged as Business Tax


By Restaurant Practice Leaders | March 08, 2019

An Opportunity Zones Guide for Restaurants

Restaurants built in Opportunity Zones can help vitalize underserved communities and attract local talent while offering its owners a highly valued tax incentive. But what should potential investors keep in mind when evaluating the... read more


By Restaurant Practice Leaders | March 05, 2019

Minimizing Tax Liability without QIP Guidance

Lack of clarity around the tax treatment of Qualified Improvement Property (QIP) under the Tax Cuts and Jobs Act (TCJA) may result in higher than expected tax bills for restaurants that made renovations and improvements during 2018. ... read more


By Alicia Huffman | November 29, 2018

Top Ten Tax Planning Items for Restaurants in 2018

As the year comes to a close, restaurants can optimize their year-end tax planning with these ten items. read more


By Floyd Roades | July 26, 2018

Tax Reform Introduces New Limitations on Business Interest Deduction

Established by the Tax Cuts and Jobs Act, the new limitations on business interest deduction may affect restaurants’ taxable income. read more


By Restaurant Practice Leaders | January 12, 2018

How Tax Reform Will Impact Restaurants

On December 22, 2017, the conference version of the tax reform bill was signed into law, marking the largest change to U.S. tax policy in decades. With most of the provisions set to go into effect in 2018, it’s important that the... read more


By Tanya Erbe | December 11, 2017

Tax Credit Relief In The Wake of Recent Natural Disasters

The restaurant industry was hit hard by Hurricanes Harvey, Irma and Maria. Certain employers that were rendered inoperable and are located in a federally-declared disaster zone may be eligible to claim an employee retention credit. read more


By Restaurant Practice Leaders | November 08, 2017

Tax Reform’s Potential Impact to Restaurants

Late last week the House of Representatives unveiled a first draft of the long-awaited tax reform bill, the Tax Cuts and Jobs Act (TCJA). In the legislation’s current state, the repeal or rollback of several key credits and incentives... read more


By Adam Berebitsky | August 14, 2017

Tax Considerations for Restaurants Entering New Markets

Today the average family’s schedule is faster-paced than before. As traditions around the dinner table reflect that change, the restaurant industry is growing at staggering rates. For new restaurant concepts entering the market, it is... read more


By Adam Berebitsky | July 27, 2017

Turning Tax Reform on High Heat

As Congress turns its attention to tax reform, it’s clear they’re taking legislation off the backburner and turning up the heat. Though it looks like an overhaul may be starting to simmer, don’t make any major tax planning changes until... read more


By Lisa Haffer | November 14, 2016

2016 Year in Review: Tax Planning for Restaurants

As 2016 comes to an end, taxpayers need to be proactive in year-end tax planning. The Protecting Americans from Tax Hikes Act of 2015 (PATH Act), was signed into law in December 2015 and made many changes that are effective with 2016 tax... read more