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What is Your Financial Statement Telling You?

Posted By Lisa Graham, Wednesday, February 15, 2017
Updated: Wednesday, February 15, 2017

 

Your restaurant is full, your turning tables, your employees seem happy. Business appears to be going good, but how do you know if you are making any money?

 


We encourage you to contact a KRHA Allied partner if you have specific questions regarding this topic.

 

 

  Mize Houswer & Company P.A.  
Bret Curtis, CPA, JD, LLLM Shareholder
bcurtis@mizehouser.com
913-451-1882
www.mizehouser.com


 

Tags:  accounting  hospitality accounting  lodging accounting  restaurant accountant  Restaurant fraud 

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What is use tax?

Posted By KRHA, Thursday, December 15, 2016

 

Use tax is a complementary tax to sales tax. Most states have sales tax, but there are some that don't. But those that do, normally expect businesses that conduct business in their state to keep track of items that they purchase from out of state. So if they do that, they should look at those invoices to see if there was sales tax charged for their location, and if not then there is almost always a consumer use tax or compensating use tax law in that state where you have to self-report that tax and pay it. 

 
Learn more about use tax and how to protect yourself.

 


We encourage you to contact a KRHA Allied partner if you have specific questions regarding this topic. 

 

Mize Houser & Company P.A.

Bret Curtis, CPA, JD, LLM Shareholder

bcurtis@mizehouser.com

913.451.1882

www.mizehouser.com

 

Tags:  hospitality accounting  lodging accounting  restaurant accountant 

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