Tax Planning and Preparation

Presentation – 5 Things Every Hospitality Business Owner Should Consider in the Tax Reform Law

Many hospitality business owners make the mistake of viewing their tax planning and preparation as a service that can be performed by any CPA firm. While they may be able to provide basic tax services, not every CPA firm understands the hospitality sector enough to identify industry-specific tax saving opportunities that are hidden by your current tax strategies. Also, not every CPA firm is aware of the complex and ever-changing tax laws affecting your industry. At Scott and Company, our tax specialists will work closely with you throughout the year to create innovative and customized solutions to minimize your tax burden. In addition, our cutting-edge technologies enhance our ability to comply with all federal and state taxing authorities. We stay on top of the laws and filing requirements affecting the hospitality industry in order to provide superior service to our clients. When legislative change happens, we will notify you immediately regarding any adjustments you may need to make to your overall tax strategy. The experienced hospitality tax team at Scott and Company can assist with any or all of the following tax services:

Year-round tax planning
Federal and state tax return preparation
Representation before federal and state taxing authorities
Succession planning
Business structure planning
Executive compensation planning

Be sure to read our report on Pass-Through Planning and Bonus Depreciation Pondering.