Food costs and tip allocation, handled.
FICA tip credits captured. Sales tax filed. COGS tied to the menu. The numbers your operator actually wants every Monday morning.
Tip credits left on the table run into thousands per FOH employee per year. COGS that drifts because food cost isn't reconciled produces phantom profits and surprise tax bills. Sales tax filed late is automatic penalties, every month.
How we fix it.
POS + payroll integration
We pull Toast / Square / Resy daily sales into the books. Payroll (with tip allocation) integrates from Gusto, Rippling, or ADP.
Monthly close
COGS reconciled to inventory counts. Prime cost (food + labor) reported. Cash and CC tips traced.
FICA tip credit
Form 8846 capturing the employer credit on cash tips above minimum wage. Real dollars, often overlooked.
Annual return
Federal + state, sales-tax true-up, Form 8027 for large food establishments where required.
Why us for restaurants.
IRS Enrolled Agent, enrolled to represent taxpayers before the IRS in all 50 states, alongside CPAs and attorneys.
Finance training: the math behind every recommendation we make. Currently in law school.
Tip allocation — done right, every paycheck.
Cash tips, tip-share, and tip-pooling each have their own reporting rules. We coordinate with your payroll so allocations match the policy and the policy matches the law.
COGS — to the menu, not the supplier.
Tracking food cost by supplier hides where margin actually lives. We work with operators who want to see COGS by menu category — appetizers, entrees, beverage — for real pricing decisions.
FICA tip credit (Form 8846) — actual dollars.
The employer share of FICA on tips above minimum-wage is a non-refundable credit. For a 12-FOH restaurant, this is typically $4K – $12K/yr. We file it.
Pricing, on the page.
Published prices · Quoted in writing before any work startsHow it works: one annual fee, half paid at engagement and half before your return is filed. Everything past the package baseline is a published add-on at a fixed price, so nobody counts forms. Books, payroll and sales tax are the only monthly items, because they are the only monthly work. See the full grid and every add-on or get your price in a minute.
One practitioner. Every file, personally led.
Cody is an IRS Enrolled Agent with an MBA — a solo practitioner with a small support team, working out of Lakeland, Florida. He is also currently in law school.
Every client engagement is led by Cody personally. The firm stays deliberately small so the work stays deliberately careful — and so when the IRS calls, the person who picks up is the person who filed your return.
Common questions.
If yours isn't here, ask it on the intake — we read every one before the first call.
Do you handle multi-location?
Yes. Multi-entity, multi-location, multi-state. Common in growth-stage operators.
What about Form 8027?
Required for large food and beverage establishments (10+ employees on a typical day). We file it.
My POS data is messy.
Most are. We standardize daily-sales summaries into a single chart of accounts so the monthly close is a known process, not an archaeology dig.
Should I be an S-Corp?
Single-owner operators almost always. Multi-partner is partnership default; we model both.
Can you handle tip-out disputes?
We do the books, not employment law. We can model the dollar implications of any tip-out policy you're considering.
What's the FICA tip credit worth?
Roughly the employer 7.65% × tips above the federal $5.15 minimum. For a busy operator, four to five figures per year.
Related
- Business tax preparationS corp, partnership, C corp and Schedule C returns, with the owner's return included.
- S corp tax servicesWhether the election pays, Form 2553, a salary you can defend, and the 1120-S.
- Monthly bookkeepingMonthly close and reconciliations from the firm that files your return.
- Florida sales tax auditsFlorida DOR sales tax audits and protests, starting from the DR-840.
Run the kitchen. We'll run the books.
Send POS summaries for one recent month + your last return. We'll quote within a week.