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Guest Blog: Tax Strategies as You Reopen Your Restaurant

Restaurant365

QIP assets placed in service during 2018 also qualify for 15-year bonus depreciation treatment — however, additional steps, such as amending returns or a change in accounting method, must be considered. Net operating loss (NOL) carryback — NOLs can be carried back to the preceding five years for years 2018 – 2020.

Blog 78
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If HR and Payroll Services Aren’t Your Passion, Read This

Hot Schedules

We have written a lot of blog posts about the unique issues restaurants face when it comes to staffing and payroll. I-9 audits increased by 400% in 2018 heavily impacting the restaurant workforce due to the immigrant population and a high turnover rate. If HR and Payroll Services Aren’t Your Passion, Read This.

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Increasing Manager Productivity with Restaurant Inventory Management Technology

Hot Schedules

This blog was originally produced for Hospitality Technology. Inventory management software solutions with smart spot count capabilities allow above-store leaders to audit items that usually have a high variance or high cost to hone in on what drives most of the discrepancies or concerns.

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Increasing Manager Productivity with Restaurant Inventory Management Technology

Hot Schedules

This blog was originally produced for Hospitality Technology. Inventory management software solutions with smart spot count capabilities allow above-store leaders to audit items that usually have a high variance or high cost to hone in on what drives most of the discrepancies or concerns.

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New HotSchedules Features Support Oregon’s Fair Work Week Requirements

Hot Schedules

Enacted in July 2018, the scope of this ruling includes retail, hospitality or food service employers with 500 or more employees. Last minute changes and the associated reasons will be reflected in the Schedule Audit Report. Don’t worry, though — fines do not begin until January and HotSchedules is here to help.

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

You made a 6% profit margin—or just shy of the 2018 industry average of 6.1%. In 2018, Wendy’s saw a profit margin of 15.9%. Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. Here’s an example: Say you made a $300,000 last year.

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

You made a 6% profit margin—or just shy of the 2018 industry average of 6.1%. In 2018, Wendy’s saw a profit margin of 15.9%. Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. Here’s an example: Say you made a $300,000 last year.