January 2016 Newsletter
Happy New Year! We are starting off 2016 fresh with trending topics and up-to-date industry regulations written by top restaurant experts. Check out our main entrees section discussing important employment law updates, sick leave issues, qualified restaurant property and depreciation, Research & Development credits within the industry, the importance of vendor terms and the service charge vs. traditional tipping. Also, special thanks to those who made our CRA Golf tournament such a success to benefit the ProStart Education Foundation. Lastly, get to know Tacolicious, a community conscious restaurant company in the Bay Area, in our client profile as well a testimonial from California Chicken Café.
Hot Retail/Restaurant Industry Safe Harbor Under Tangible Property Regulations
The IRS recently issued Revenue Procedure 2015-56 providing a safe harbor for certain taxpayers operating retail or restaurant establishments to determine whether expenditures incurred to “remodel” or “refresh” their property can be expensed under the Tangible Property Regulations released in 2013.
|CRA Golf Tournament to Benefit ProStartWe had a beautiful day and played on two great courses for the annual CRA Golf Tournament this year. We had 175 golfers participating in the tournament and raised over $40K for CRA LA Chapter and ProStart. » Details
“Hagan and her team are most impressive. Their knowledge base is vast and deep. We connected with the desire to enhance our accounting systems, but it didn’t stop there… “California Chicken Café”. » Read More
Hargrave had an idea that the kind of food he loved eating in Mexico could be recreated in San Francisco. From that, Tacolicious was born. Tacolicious’ core values include great food, drinks and service like many restaurants but it extends to community involvement through their educational foundation –The Tacolicious School Project. » Read More
Resource of Professionals
With our deep involvement in restaurant industries, we have gathered industry professionals that are committed to your success. View our Resource of Professionals: