Restaurant & Hospitality Tax & Audit Services

Services for Restaurants & Hospitality Companies

Audit

  • Monthly Financial Statements
  • Monthly Bank Reconciliations
  • Maintain General Ledgers and Journal
  • Audits of Financial Statements
  • Employee Benefit Plan 401(k) Audits

Tax

  • Federal and State Tax Planning and Preparation
  • State & Local Tax Planning and Preparation
  • Monthly Meals & Sales Tax Returns
  • IRS Annual Tip Report
  • Annual 1099’s
  • State and Local Tax (SALT)

Business Advisory

  • Maintain Fixed Asset Records & Detailed Depreciation Schedules
  • Annual Breakeven Analyses
  • Outsourced Controller & Accounting Services
  • PCI Compliance
  • Data Security and Penetration Testing
  • Acquisition & Divestiture Advisory
  • Regulation Compliance
  • Business Improvement Services
  • Business Modelling
  • Capital Planning
  • Cash-Flow Forecasting
  • Compensation Planning
  • Disposal of Non-Core Assets

Forensic Accounting

  • Fraud & Slippage Investigations
  • Fraud Prevention Advisory

How We Can Assist with Current Restaurants & Hospitality Accounting & Tax Issues

New Lease Accounting Regulations

These new accounting rules could have impact on bank loan covenants as they might change the borrowing base for many loans essential to your operations.

How to prepare: Briggs & Veselka is already working with companies and their banks to advise them on the possible implications of these new accounting regulations to help them prepare possible revisions to existing covenants and as guidance for future loan agreements. For more information, contact Jamie Sylvester at jsylvester@bvccpa.com.

Data Security

Companies with significant credit card transactions are faced with increasing scrutiny and potential assumption of liabilities for fraud events.

How to prepare: Briggs & Veselka Business Advisory professionals can assist with penetration testing, PCI compliance and data processing risks and controls issues to protect your operations from unneeded costs and reputation risk. For more information, contact David Phelps at dphelps@bvccpa.com.

Cost Management for Internal Financial Functions

Supplier billing, month-end closings, and reports for lenders can place burdens on your existing finance and accounting staff and impede the cash flow of your operation.

How to prepare: Briggs & Veselka’s Outsourced Accounting Services gives you budget flexibility and control when you require interim support of full back office accounting functions. For more information, contact Kevin Stewart at kstewart@bvccpa.com.

Fraud & Shrinkage

More than 40% of retail shrinkage is caused by employees, either as isolated incidents or larger, more organized schemes.

How to prepare:  Our teams of internal auditors and forensic investigators can work with your operations teams to develop preventative methods via process improvement, or in the event of discovery of an organized fraud, conduct forensic accounting to uncover defensible evidence of fraud.  For more information, contact Sheila Enriquez at senriquez@bvccpa.com.

Who We Serve:

  • Full-service restaurant chains
  • QSR concepts and franchise groups
  • Catering services
  • Hotels
  • Golf course operation and management
  • Country clubs
  • Resorts
  • Professional sports teams
  • Sporting venues

Jamie_Sylvester

Jamie Sylvester

Audit Partner, CPA
jsylvester@bvccpa.com
713-353-1931

BIO VCARDLINKEDIN

Christa Jaganath

Christa Jaganath

Audit Senior Manager, CPA
Christa.jaganath@bvccpa.com
713-366-8534

BIO LINKEDIN

Jason Sanders, CPA

Jason Sanders

Tax Department Chair, CPA
jsanders@bvccpa.com
713-353-1957

BIO VCARDLINKEDIN

Fast Facts

  • Provide accounting and tax services for many major retail and restaurant concepts based in Texas
  • Abreast of industry issues, providing services beyond audit and tax compliance to address new complexities unique to the restaurant and hospitality industry
Find All Restaurants & Hospitality Services Professionals


    Baria Jaroudi FVLS Senior Manager, CPA/ABV, CBA, CVAbjaroudi@bvccpa.com713-366-8518 EDUCATIONB.B.S. in Accounting from the University of BeirutCERTIFICATIONSCertified Public Accountant – TexasCertified ...
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    David Phelps Business Advisory Partner, CPA dphelps@bvccpa.com 713-353-1941 EDUCATIONB.S. in Accounting from the University of HoustonCERTIFICATIONSCertified Public Accountant – TexasINDUSTRIESAgricultureConstructionEnergyFinancial ...
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    Edward Fowler Forensic, Valuation & Litigation Support Partner, CFA, ASA, MAFFedward.fowler@bvccpa.com512-476-8866 CERTIFICATIONSAccredited Senior Appraiser – Business ValuationChartered Financial AnalystMaster Analyst ...
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    Forest Xu Tax Partner, CPA fxu@bvccpa.com 713-366-8529 EDUCATIONMiami University of OhioMaster in AccountancyCERTIFICATIONSCertified Public Accountant – TexasINDUSTRIESAgricultureEnergyFinancial InstitutionsHealthcareManufacturing & DistributionProfessional ...
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    Hal D. Miller Tax Partner, CPA hal.miller@bvccpa.com 512-480-8182 EDUCATIONB.B.A. in Accounting from Abilene Christian University in Abilene, TexasCERTIFICATIONSCertified Public Accountant ...
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    Jamie Sylvester Audit Partner, CPAjsylvester@bvccpa.com713-353-1931 EDUCATION B.M. from the University of Lethbridge in Canada Graduate of the Northern Alberta Institute ...
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    Jason Sanders Tax Department Chair, CPA jsanders@bvccpa.com 713-667-9147 EDUCATION B.S in Accounting from Nicholls State University in Thibodaux, Louisiana CERTIFICATIONS Certified ...
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    Jeff Mealer State & Local Tax Manager, CPA, JD jmealer@bvccpa.com 713-366-8511 EDUCATIONJD from Texas Tech UniversityMBA in Accounting from Texas ...
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    John Cooney State & Local Tax Partner, CPA jcooney@bvccpa.com 713-353-1903 EDUCATIONB.B.A. in Accounting from Texas Tech UniversityCERTIFICATIONSCertified Public Accountant – ...
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    John Flatowicz Audit Partner, CPA jflatowicz@bvccpa.com 713-353-1910 EDUCATIONUniversity of NebraskaB.S. in AccountingThe University of TexasMaster in Professional AccountingCERTIFICATIONSCertified PublicAccountant – ...
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    Kevin Hengst Audit Principal, CPA khengst@bvccpa.com 713-366-8514 EDUCATIONUniversity of Houston Honors CollegeB.B.A. in Business AdministrationCERTIFICATIONSCertified PublicAccountant – TexasINDUSTRIESEnergyRestaurants & HospitalityTransportationSERVICESPrivate ...
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    Kevin Lovins Tax Partner, CPA klovins@bvccpa.com 713-353-1914 EDUCATIONB.B.A. in Accounting from the University of TexasArlington, TexasCERTIFICATIONSCertified Public Accountant – TexasINDUSTRIESHealthcareManufacturing ...
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    Kevin Stewart Advisory Principal & Client Accounting Services Practice Leadkstewart@bvccpa.com713-366-8503 CERTIFICATIONS Certified Public Accountant – Texas INDUSTRIES Construction Oilfield Services ...
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    Meresa Morgan ERISA Practice & Audit Partner, CPA meresa.morgan@bvccpa.com 713-353-1921 EDUCATIONB.S.B.A. in Accounting from Auburn UniversityCERTIFICATIONSCertified Public Accountant – TexasINDUSTRIESConstructionEnergyManufacturing ...
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    Sonny Brandtner Risk Senior Director, CPA, CFE sbrandtner@bvccpa.com 281-917-7541 EDUCATIONB.B.A in Accounting from University of Texas - AustinCERTIFICATIONSCertified Public Accountant ...
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