Daliah Bui is a Principal for BeachFleischman, where she leads the firm's Hospitality Practice and serves as a member of the Tax Department. Daliah has worked in public accounting since 2011, and she provides accounting, consulting, tax planning, and compliance services for a variety of privately held and publicly traded companies.
The IRS is delaying the $600 Form 1099-K reporting threshold for third-party settlement organizations for the 2023 tax year.
Wining and dining customers and employees can result in tax deductions and for 2022, the write-offs are bigger than usual.
Owners of restaurants and bars have had a rough couple of years due to the pandemic. Keep in mind that employers in the food and beverage industry may be eligible for a valuable tax break with the FICA tip credit. Here’s how it works.
Allocating year-end tax planning time now can prove beneficial come tax filing time next year.