Last-minute tax tips for restaurant owners

With tax time upon us, some extra effort may help trim your tax bill and avoid filing glitches.

Springtime can be a taxing time for small-business owners—maybe even more so for restaurant operators, who deal with a sometimes complex set of tax issues. 

Stacy Gilbert, a partner with accounting firm Citrin Cooperman, points out a few items that you may have overlooked while gathering files for your accountant:

  1. Be sure to verify the accuracy of the rate used by your payroll company as the minimum wage in the calculation of the FICA Tip Credit. F

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