Are Third-Party Delivery Services Creating Unknown Sales Tax Issues?
Restaurants that utilize Grubhub, DoorDash and Uber Eats are creating convenience for their customers, but the use of these third-party delivery services may also be creating a number of unintended sales tax collection issues for their business.
Is the delivery service actually a marketplace facilitator?
Are the sales of delivered food subject to sales tax?
Is the tax rate collected by delivery services correct?
What other considerations exist for sales through a delivery service?
To explore several essential, yet practical, considerations that businesses, particularly restaurants, should be aware of, visit us online.
GBQ's Restaurant Team Welcomes Anna Markin
Bringing an in-depth understanding of the challenges and accounting matters facing the restaurant industry, we are pleased to welcome Assurance Manager Anna Markin to the firm.
M&A Activity, Valuations On The Rise
Following the COVID-19 slowdown, we are now experiencing a dramatic increase in companies seeking deals to create liquidity. So, what is going on? A combination of several factors.
October 22: Financial Reporting Updates For Restaurants
As part of our Restaurant Masterclass Series, we're pleased to host an interactive discussion exploring restaurant industry accounting and disclosure considerations. To register, click here.
Our address is 230 West Street, Suite 700, Columbus, OH 43215
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GBQ Partners LLC, 230 West Street, Suite 700, Columbus, OH 43215, 6149475301