Accounting and Tax Services for Hospitality and Retail
December 20, 2021
The Hospitality Industry can be unpredictable – rely on Cherry Bekaert to be your constant guide.
Given today’s challenging business climate, we offer services tailored to help with your financial, compliance and strategic operational business needs. The Hospitality & Retail Group at Cherry Bekaert can help secure the insights you need to take advantage of opportunities and achieve the growth and stability you’re seeking – whether your focus is on hotels, franchises, food and beverage, entertainment venues, private clubs, music, resorts, retail stores, wholesale retail or a combination of these sectors.
Our Hospitality and Retail experts are equipped to address issues specific to the hospitality, franchise and retail industry sectors, such as federal, state, and local government tax incentives, tax credits, and other deductions that reduce your tax liability. We have in-depth knowledge of accounting methods, as well as sales and use tax.
Cherry Bekaert’s Hospitality & Retail Group provides innovative ways to minimize your tax burden and optimize your compliance efforts so you have more time and money to invest in your business. To help keep your operations lean and efficient, our hospitality accounting professionals can also provide extensive planning and consulting services. Hospitality businesses often qualify for hiring incentives. Our experts will guide you through the process to ensure you receive your full tax benefit.
Through our advisory solutions, we will put strategies in place to help your business run at its optimal efficiency. We can also help make the most of your customer data through predictive analytics and protecting that data with proper cybersecurity measures.
Having served some of the nation’s largest chains and most reputable brands, our professionals deliver the innovative business solutions our clients need to stay ahead of new developments. Your Cherry Bekaert engagement team will draw on a depth of their industry experience — from family-owned operations, regional and national franchises, to large publicly-held corporations, each engagement is tailored to fit our client’s objectives.