KLR’s Hospitality Services Group includes a team of professionals, dedicated to providing accounting, tax, and business consulting services to the hospitality industry. The professionals at KLR have worked to become trusted advisors to hotels, restaurants and private club clients throughout the country.
Our experienced team can assist you in managing your business. From owner operated restaurants to multiple location franchises and hotels, we provide cost saving solutions to help our clients increase their profitability.
There are many accounting issues unique to lodging/hotels and restaurants. Whether it is a question about tip reporting, food and liquor costs or a sales tax audit, we can help. Operating a successful restaurant or hotel can be overwhelming. KLR’s experience can save you time, so that you can focus on running your business. Our services include:
- Selecting the right reporting system for your business
- Establishing controls and standards for food, beverage and labor costs
- Management recruitment and retention
- Manager bonus programs and other performance incentives
- Defense against IRS actions
- Sales and meals tax audit defense
- Assistance with unclaimed property compliance
- Tax compliance and planning services
- Tip credit compliance