Harbor Touch
MARCH 18, 2025
Ive seen audits flag too-generous pay compared to industry norms. Revenue Procedure 2015-56 lets you deduct 75% of big remodel costs, like new flooring, as expenses. Ask your accountant if Section 179 fits leases, too. Compensation: Balance Pay and Deductions Wages and benefits for your team are deductible. Keep it reasonable.
Paper Chase Accountancy
MAY 21, 2025
Implemented in 2015, it replaced the previous UK GAAP (Generally Accepted Accounting Principles) with a more streamlined, comprehensive framework. For restaurants with multiple leased locations, this means a more detailed tracking of your lease portfolio often requiring software or accounting support to stay compliant and audit-ready.
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7 Shifts
SEPTEMBER 19, 2024
Janet Ward pictured with her son, Nick, and grandson, Avery Business ebbed and flowed for 40 years until Nick had a brain aneurysm in 2015. They then use punch audit reports to view edits to staff timesheets and track missed punches. They passed the restaurant down to their son, Nick, in the early '80s.
Modern Restaurant Management
MARCH 11, 2020
GFCO is the only gluten-free certification that holds companies and products accountable through audits, random product testing and process surveillance. All GFCO certification bodies are accredited to ISO 17065, ensuring they follow internationally established best practices for auditing and product certification.
Modern Restaurant Management
FEBRUARY 10, 2020
Since 2015 the Humane Society of the United States has delivered plant-based training to nearly 11,000 culinary staff at large-scale food service operations, including working with over 95 health care facilities to increase availability of plant-based offerings in cafeterias, on patient menus or both. The Humane Society of the United States.
Modern Restaurant Management
MAY 7, 2021
Mark Kelegian and his family purchased Randy’s Donuts in 2015. This comprehensive solution helps drive insights in demand forecasting, inventory management, operations, ecommerce, guest experience, voice of customer, marketing and CRM, audit and compliance, associate training and productivity.
Harbor Touch
APRIL 17, 2018
If you are audited, and the IRS believes you are overcompensating employees based on other amounts reported within the restaurant industry, you may not be able to deduct them fully. Revenue Procedure 2015-56. Compensation and Taxes. If employees receive benefits and compensation, they must be provided for work that employees perform.
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