Accounting For The Employee Retention Tax Credit

As many companies are taking advantage of the Employee Retention Credit (ERC), questions have been raised as to how the ERC should be accounted for. Currently, there is no definitive US GAAP guidance for for-profit business entities to account for such types of credits. 

Before selecting a policy, it is important to consider the accounting policy elected for the Paycheck Protection Program (PPP) loan forgiveness, if applicable. Learn more by visiting us online.

10/31-11/2:
Mid-America Restaurant Expo
& Conference 

Presented by the Ohio Restaurant Association, this virtual Expo & Conference will offer engaging presentations from industry experts along with access to the newest products and services on the market. View event details and register today by clicking here.

11/8-11/10:
Restaurant Finance
& Development Conference

What happens in Vegas doesn't have to stay in Vegas! Bring back new ideas and strategies to remain competitive by attending the restaurant industry's premier financial event for restaurant owners, operators and financial executives. Register today!

Accounting For
Gift Cards: Prepare
For The Holiday Season

When it comes to restaurant entities, the holiday season is a time for bustling gift card sales and various promotions. However, there are several points to consider from an accounting perspective, especially as it relates to ASC 606 and revenue recognition rules. Learn more.

Dustin Minton

Director,
Restaurant Services

Kaz Unalan

Director, Tax & Business Advisory Services

Tom Powers

Director of
Assurance Services

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