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The Tip Share
RASI - Restaurant Accounting Services Inc.
128 episodes
2 days ago
A Restaurant Industry Podcast
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Business
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All content for The Tip Share is the property of RASI - Restaurant Accounting Services Inc. and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A Restaurant Industry Podcast
Show more...
Business
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Complete Guide on Restaurant Taxes for Managers/Owners
The Tip Share
5 minutes 56 seconds
2 years ago
Complete Guide on Restaurant Taxes for Managers/Owners

Keeping up with State and Local taxation laws and compliance can feel overwhelming and confusing.  As a restaurant owner, ensuring accurate and timely tax payments is critical to avoiding unnecessary penalties and maintaining licensing.  Understanding tax types, what they mean to your business and how investing in tax professionals to assist with calculation, remittance and payment can help reduce your audit risk and maximize your deductions.  In this video, we'll explore the different tax types, how to handle taxes on restaurant specific activities such as tips and service charges, and strategies for tax planning.   Don't let the stress of tax management get in your way.  Listen in on this episode to understand tax risks and minimize the tax burden for your restaurant.

Read the full Blog Post: https://rasiusa.com/blog/complete-guide-on-restaurant-taxes-for-managers-owners/

Watch the full Video: https://youtu.be/BMnfa3DhI8c


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The Tip Share
A Restaurant Industry Podcast