Hospitality
Visitors come for the beaches and stay for the hospitality. We’re here to help the people who provide it handle the tax side with care.
Hospitality tax issues
- The FICA tip credit (§45B) that most small restaurants leave on the table
- Tip reporting compliance
- Seasonal estimated taxes — payments that flex with snowbird season instead of four equal installments
- Entity structure and the 20% QBI deduction — set up right and reviewed as you grow
- Liquor license capitalization
Hospitality runs on thin margins and constant change. Your tax planning should keep up with both.
Sounds like your business?