Restaurant Accounting is as essential to the success of your restaurant as protein is to any chef’s entre. And just as chefs value fine ingredients, savvy restaurateurs value some special ingredients in restaurant accounting. Searching for the Sweet Taste of Success Perhaps you recently began a restaurant enterprise in NYC. If so, we hope you…
Author Archives: Rudy Gavrilov
25
May
May
Memorial Day is a special day. It’s a day for togetherness with family and friends. It’s also a time to remember our fallen heroes and their sacrifice. For that reason, Gavrilov and Co. Accounting and Tax Services have paused in our business blogging topics. We dedicate this blog to Memorial Day in remembrance of the fallen…
21
May
May
Ethical Artificial Intelligence is here. And it’s here to help. In our previous Blog, we introduced Artificial Intelligence as a hot topic in business and industry. AI will certainly affect the accounting of every business. Thus we bring you Part II of our series of blogs on Artificial Intelligence. Ethical Artificial Intelligence: “Hello, This is…
The Impact of Artificial Intelligence's and Accounting
Artificial Intelligence and Accounting Revealed
08
May
May
Artificial Intelligence or AI is a hot topic. Despite its dramatic name, it has nothing to do with terminator robots or science fiction. And Artificial Intelligence, as it enters the field of accounting, does not mean we will be invaded by robot accountants. Since everyone in almost every profession is talking about AI and its…
22
Apr
Apr
Opportunity Zone or Zones were an important but rather quiet blogging issue for us previously. Now, after enduring their first tax season, we thought we should revisit the investments and tax breaks made possible by the opportunity zones. For an introduction to opportunity zones, please feel free to read or review our previous blog entitled…
11
Apr
Apr
We know the tax deadline clock is running out. In case you have not noticed, Gavrilov & Co has spent the last few blogs giving specific tax and accounting tips to some of our important niche industries like restaurants, cannabis dispensaries, real estate companies, and small businesses. Today, as the tax deadline clock ticks down,…
Tax Credits and Deductions for Restaurants 2018-19
Capital Spending: Taking a Bite of Restaurant Tax
03
Apr
Apr
Capital Spending is the tax term for the day. Gavrilov and Co brings you more restaurant tax guidance in this article. Yes, we are back in the restaurant niche, for this week’s blog. That is not to say that other businesses can not learn from the restaurant rules on Capital Spending and other types of…
26
Mar
Mar
Tax Season 2018 is rushing toward its final weeks to file. Virtually every business owner is preparing to file. And in the middle of it all, here comes a big holiday time for the restaurant industry. Indeed, we all cope with Tax filing. But, the restaurateurs also must cope with the new spring menus and…
19
Mar
Mar
Pioneering tax help for new businesses, new communities and new enterprises has always been met with caution by CPAs. So let’s look at the traits of our newest niche on the business frontier: This month the prestigious Accounting Today magazine called it the “entirely new industry that’s taking the country by storm…” One of its…
Failing to File Your Taxes, Special tax rules for the cannabis industry
Willfully Failing to File: A Tax Crime
13
Mar
Mar
Willfully failing to file your tax returns is a crime, no matter what business you own. You might have noticed the Gavrilov & Co Blog has been featuring tax tips in several niche businesses as we celebrate the tax season. We did this for two reasons: 1. We know you don’t want to read the…