Restaurant Taxes: Top 12 Tax Deductions and Tips For Restaurants
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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