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CLA sponsor of Restaurant365: Restaurant Transformation Tour
CLA is excited to be a sponsor at this event on February 8th, 2024 in Boston. We will showcase how we work with restaurant companies to provide various accounting, finance and tax strategy, accounting best practices, reporting, dashboards, among other consulting services. There will be several representatives from CLA based in the New England region […]
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Restaurant Revitalization Fund (RRF) Reporting UPDATE
We welcome another guest blogger to the restaurant blog today, Rachael O’Leary, a tax principal in our CLA Chicago office. Rachael can be reached at: rachael.oleary@claconnect.com If your restaurant received an RRF grant, the first annual report is due on December 31, 2021. This reporting of how much of the award has been used against […]
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Are your restaurant’s promo cards being accounted for properly?
Today we have a guest blogger – Paul Unger. He is a Director in our Assurance practice and hails from Southern California in our Pasadena office. With the holidays approaching, interest in gift cards will naturally increase. Since gift cards are great for restaurants—you receive cash up front and incentivize customers to return – competition […]
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Still waiting for RRF funds? Maybe consider COVID EIDL Expansion program
If your restaurant is in search of working capital and you haven’t received a RRF grant, check out the SBA’s expanded EIDL program. This program has $100 bil to lend and you can apply through an on-line portal on the SBA;s website until 12/31/21 or when the funds run out. The EIDL program provides for […]