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Restaurants in the cross hairs of the IRS authorities for tax evasion

At this point, our readers should be aware that there are certain industries that are more subject to examinations like restaurants and retail industries, especially if cash intensive and low controls in place. You can see numerous tax evasion schemes related to restaurants in the news,  United States Attorney's Office of each State and the

By |2024-11-12T04:43:28+00:00December 12th, 2024|Categories: Business|Tags: , , , , , , , , , , , |

Restaurant Revitalization Fund (Grant) – Client communication

Last week, the SBA made a press release of the SBA Restaurant Revitalization Fund which will be available to restaurants and similar businesses  - https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund As of right now, the sample application is 16 pages long and it requires a high level detail on several areas. From the information available so far, the funds will be provided as a

By |2021-04-23T17:00:49+00:00April 23rd, 2021|Categories: Business|Tags: , , , , , |
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