Restaurant Accounting is as essential to the success of your restaurant as protein is to any chef’s entre. And just as chefs value fine ingredients, savvy restaurateurs value some special ingredients in restaurant accounting. Searching for the Sweet Taste of Success Perhaps you recently began......
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Memorial Day is a special day. It’s a day for togetherness with family and friends. It’s also a time to remember our fallen heroes and their sacrifice.  For that reason, Gavrilov and Co. Accounting and Tax Services have paused in our business blogging topics. We......
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Ethical Artificial Intelligence is here. And it’s here to help. In our previous Blog, we introduced Artificial Intelligence as a hot topic in business and industry. AI will certainly affect the accounting of every business. Thus we bring you Part II of our series of......
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Artificial Intelligence or AI is a hot topic. Despite its dramatic name, it has nothing to do with terminator robots or science fiction. And Artificial Intelligence, as it enters the field of accounting, does not mean we will be invaded by robot accountants. Since everyone......
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Opportunity Zone or Zones were an important but rather quiet blogging issue for us previously. Now, after enduring their first tax season, we thought we should revisit the investments and tax breaks made possible by the opportunity zones. For an introduction to opportunity zones, please......
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We know the tax deadline clock is running out. In case you have not noticed, Gavrilov & Co has spent the last few blogs giving specific tax and accounting tips to some of our important niche industries like restaurants, cannabis dispensaries, real estate companies, and......
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Capital Spending is the tax term for the day. Gavrilov and Co brings you more restaurant tax guidance in this article. Yes, we are back in the restaurant niche, for this week’s blog. That is not to say that other businesses can not learn from......
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Tax Season 2018 is rushing toward its final weeks to file. Virtually every business owner is preparing to file. And in the middle of it all, here comes a big holiday time for the restaurant industry. Indeed, we all cope with Tax filing. But, the......
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Pioneering tax help for new businesses, new communities and new enterprises has always been met with caution by CPAs. So let’s look at the traits of our newest niche on the business frontier: This month the prestigious Accounting Today magazine called it the “entirely new......
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Willfully failing to file your tax returns is a crime, no matter what business you own. You might have noticed the Gavrilov & Co Blog has been featuring tax tips in several niche businesses as we celebrate the tax season. We did this for two......
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If Gov. Andrew M. Cuomo has his way, New York will become the 11th stated to decriminalize marijuana. Since early 2018, there have been rumors, public listening sessions, and government reports.  All of them have been leading up to the possible legalization of recreational cannabis. ......
No commentCompliancy with tax laws is a popular complaint and challenge among business owners at this busy time of tax preparation. Compliancy might be difficult for you, as the CEO of your company. However, check out the true life extremes Zack Lazarus goes to. Like any......
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Qualified Improvement Property (or QIP) has transformed into a proverbial puzzle, inside an enigma, wrapped in a conundrum. So let us start at the beginning and tell you at least some of the Qualified Improvement Property story. This blog will investigate this term in light......
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Not many restaurant owners are thinking about their Restaurant Taxes right now. That’s okay, we think about them all the time. In this blog, Gavrilov & Co serves up a demystified menu of help with your restaurant taxes and issues. We know NYC restaurateurs are......
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The IRS audit and the avoidance of it are hot topics right now. Tax Accountants see audit apprehension in the eyes of anxious taxpayers every year at this time. The IRS audit has had a long time psychological hold over the imagination of taxpayers. “Please......
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