Hospitality, Restaurants and Retail

As a hospitality organization or restaurant, your job is to make your customers feel welcomed and at home.  As a retail establishment, it is important to stay current on both buying and selling trends. Scott and Company realizes it’s difficult to focus all of your effort on the clientele when there are critical financial and strategic decisions that need to be made. Fortunately, we’re here to help.

Scott and Company serves all types of hospitality and retail organizations, including hotels, lodges and restaurants, clothing stores and outlets by providing sound advice and ideal business solutions. Our hospitality services team offers a complete range of accounting and management consulting services designed to increase your profitability, improve your operations and reduce your costs – all while allowing you to devote more time to serving your customers.

Our professionals offer the following services:

  • Assurance services
  • Tax compliance and planning
  • Tax provision calculations (ASC 740)
  • Cost segregation studies
  • State and local tax compliance
  • Repair and maintenance studies
  • R&D studies
  • Tip reporting and compliance
  • Consulting services

As a member of BDO Alliance USA, we are also able to serve up the following:

  • Identifying valuable tax opportunities
  • Maintaining GAAP compliance
  • Complimentary review of previous tax returns and other financial statements

For more information on our Hospitality Services, please visit our specialized hospitality niche website at hospitality.scottandco.com