We understand the challenges business owners face within the restaurant and food service industry. Our professionals have years of experience serving this niche—providing tax and accounting services to clients that range from large fine-dining establishments to franchises and caterers.
Operating a successful restaurant can be overwhelming considering the complexity of tax regulations and the paperwork involved. Our professionals are intimately familiar with tax laws specific to the restaurant industry, commonly used forms and notices, and day-to-day food service operations. We can answer your questions about tip reporting, food and liquor costs, sales tax audit, and much more. Because we know the industry and are dedicated to consistently educating ourselves on industry trends, our services help clients mitigate tax burden and improve their bottom line.
BOSS is the answer to your back office headaches. Our cloud-based solution enables you to hand complex accounting tasks over to us. We work the numbers while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
I started working with John T. Lally CPA, PC about two years ago, and right from the start have been impressed with the service and responsiveness...read more
John has helped us to reduce our costs, increase our profits and create a close connection between the everyday operation of our business and our financial reporting...read more
John has become more than my accountant. He has become a business advisor and someone I trust to look out for my best interest...read more
In 2018, Massachusetts signed into law a statute that provides paid family leave and medical leave (PFML) benefits to workers. Employers and covered individuals must begin making contributions on July 1, 2019, with benefits becoming available to employees in 2021.
It’s graduation season, and for many parents that means it’s almost time to start shelling out for college tuition. For those well-prepared parents with established 529 plans in place, the time has come to tap into that money pool. Of course, when it comes to tax-advantaged savings, trust that the IRS is keeping close watch, so it’s important to avoid making any rookie mistakes. It’s also important to keep saving as you move forward.
Having a remote workforce can be challenging, especially if you are trying to build a positive, collaborative work environment. So, how do you create a sense of comradery when you have staff in remote locations? These tips can help: