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restaurants

Don’t Leave Money on the Table: Apply Now for The Restaurant Revitalization Fund

April 30, 2021 | posted by Abacus Payroll
Restaurant Revitalization Fund Grant Application for Small Food and Beverage Businesses
The following information is derived from our affiliate company, Alloy Silverstein. The American Rescue Plan Act set aside $28.6 billion in grants to aid struggling restaurants and other food and beverage businesses amidst the COVID-19 pandemic. Abacus Payroll’s affiliate CPA firm, Alloy Silverstein, can help restaurant business owners complete their application for best chances to […]
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Restaurant Payroll: Tips on Reporting Tips

September 9, 2019 | posted by Abacus Payroll
If you are like millions of taxpayers in the hospitality and service industries, you may receive tips. The tax code is clear; if you receive tips you must report them as income. Some employers have systems to make this easy, while others do not. It is important to stay organized and keep proper recordkeeping of […]
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Always on the Menu: Restaurant Payroll Challenges

January 28, 2016 | posted by Abacus Payroll
Restaurant Payroll Tips
When you dream of opening a restaurant, running payroll isn’t always the first concern. However, restaurant payroll has it’s own challenges and obstacles that employers need to be aware of.     The restaurant scene can be chaotic at best. Even if you forget the factor of newly trained employees and the resulting record errors, […]
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