We provide accounting, tax, and advisory services for small businesses in the restaurant and hospitality industry. Led by a US Army Veteran with more than 10 years of experience.

Our Services Include

Accounting & Bookkeeping Services

• Daily Sales Tracking — Recording cash, credit card, and third-party delivery sales from POS systems accurately and consistently
• Food & Beverage Cost Tracking — Monitoring cost of goods sold (COGS) to maintain healthy margins and identify waste or theft
• Inventory Management Support — Tracking inventory levels and reconciling physical counts to financial records
• Transaction Recording — Accurate tracking of all income and expenses, properly categorized for tax and reporting purposes
• Bank & Credit Card Reconciliation — Monthly matching of statements to records, including reconciliation of merchant processor deposits
• Accounts Payable Management — Managing vendor invoices, supplier payments, and food distributor accounts
• Accounts Receivable Management — Tracking catering invoices, corporate accounts, and outstanding balances
• Financial Reporting — Monthly profit & loss, balance sheet, and cash flow statements
• Multi-Location Reporting — Consolidated and location-specific financial reports for restaurant groups
• Books Cleanup — Correcting errors, reconciling old accounts, bringing books current

Payroll Services

• Payroll Processing — Accurate calculation of wages for hourly employees, managers, and salaried staff
• Tip Reporting & Allocation — Proper tracking and reporting of tips, tip pools, and tip credits in compliance with federal and state regulations
• Payroll Tax Filings — Preparation and filing of quarterly and annual payroll tax returns, including W-2s and 1099s
• Multi-State Payroll Compliance — Managing payroll tax obligations for businesses operating in multiple states
• New Hire Reporting — Submission of new hire information to state agencies as required
• Benefits Deductions Management — Tracking and processing deductions for health insurance, retirement, and other withholdings
• Labor Cost Analysis — Monitoring labor as a percentage of sales to optimize scheduling and staffing

Business Tax Compliance & Strategy Services

• Business Tax Preparation — Returns for sole proprietors, LLCs, S-Corps, C-Corps, and partnerships in restaurant and hospitality
• Self-Employment Tax Filing — Schedule C and Schedule SE preparation for food truck owners and independent operators
• Sales Tax Compliance — Managing sales tax collection, exemptions, and timely filing of state and local returns
• Multi-State Tax Returns — Filing support for businesses operating across state lines or at multiple locations
• Tax Planning Consultations — Year-round guidance to minimize tax liability through legal strategies
• Entity Structure Optimization — Recommendations on most tax-efficient business structure
• Deduction Maximization — Identifying industry-specific deductions including equipment, supplies, vehicle expenses, startup costs
• Tip Tax Credit (FICA Tip Credit) — Ensuring you claim available credits for employer-paid FICA taxes on employee tips
• Retirement Tax Planning — Strategies to reduce taxes through retirement plans
• IRS and State Notices — Assistance responding to inquiries and resolving issues

Fractional CFO Services

• Financial Strategy & Planning — Developing budgets, financial forecasts, and long-term plans for business growth
• Cash Flow Management — Monitoring and optimizing cash flow through seasonal fluctuations and slow periods
• Menu Profitability Analysis — Evaluating menu item margins to identify best sellers and underperformers
• Food Cost Control — Strategies to reduce waste, manage portion sizes, and negotiate better supplier pricing
• Labor Cost Optimization — Analyzing staffing levels and scheduling to balance service quality with labor expense
• Break-Even Analysis — Calculating sales volume needed to cover costs and generate profit
• Expansion & Growth Planning — Financial analysis for opening new locations or adding revenue streams
• Banking & Lender Relations — Coordinating with banks for lines of credit, equipment financing, and SBA loans
• Investor Reporting — Preparing financial packages and reports for investors or business partners
• Owner Distributions & Compensation Planning — Structuring owner pay and distributions for tax efficiency

Audit Readiness Services

• Audit Readiness Assessment — Review of financial records, POS reports, and documentation to identify gaps
• Account Reconciliations — Preparation and review of all balance sheet reconciliations
• Sales & Revenue Documentation — Organizing daily sales reports, POS summaries, and third-party delivery statements
• Tip Reporting Documentation — Ensuring tip records are complete and compliant for IRS review
• PBC List Management — Preparation and tracking of all auditor or lender requests
• Franchise Compliance Support — Documentation and reporting to meet franchisor audit requirements
• Prior Year Findings Remediation — Support for addressing issues identified in prior audits

Note: Halal CPA PLLC provides audit readiness advisory services only. We do not perform audits, assurance engagements, compilation services, or issue any opinion on your financial statements.

Small Businesses We Serve

• Food Trucks & Mobile Vendors — Mobile food businesses managing cash sales and event-based revenue
• Quick Service & Fast Casual Restaurants — High-volume operations with tight margins
• Full-Service Restaurants — Dine-in establishments managing tipped employees and bar sales
• Cafes & Coffee Shops — Small-footprint businesses balancing beverage margins and retail sales
• Catering Companies — Event-based businesses managing deposits and variable costs
• Ghost Kitchens & Delivery-Only Concepts — Virtual restaurants operating through delivery platforms
• Franchise Restaurants — Franchisees managing royalty payments and brand compliance
• Halal Restaurants — Establishments serving the Muslim community