Archive for April, 2021
Restaurant Revitalization Fund – SBA Guidelines Released
April 19, 2021 / Category: Hospitality Industry , New York State Regulations , Payroll Management , Small Business , Uncategorized
Today, the Small Business Administration (SBA) released guidelines for the highly anticipated Restaurant Revitalization Fund (RRF). Although the portal to apply is not yet open, we hope and anticipate the application will be in the near future. In the meantime,... READ MORE
Restaurant Tax Relief Guidance
April 8, 2021 / Category: Hospitality Industry , New York State Regulations , Small Business
Treasury, IRS provide guidance on tax relief for deductions for food or beverages from restaurants Businesses can temporarily deduct 100% beginning Jan. 1, 2021 The Treasury Department and the Internal Revenue Service today issued Notice 2021-25 providing guidance under the... READ MORE