Blog Detail
Canadian Restaurant Tax Advisor
http://cdnbartaxadvisor.wordpress.com/
Practical advice and assistance for Canadian restaurants and bars, regarding sales and income tax matters, with a primary focus on protecting your business from provincial and federal tax audits. Written by a Chartered Accountant and Restaurateur.
Recent Posts
New Linked-in Group for Restaurateurs and Advisors
A new Linked-in Group has been started to discuss issues of interest to Canadian restaurateurs and advisors. Here is a short description for the group: This is a group for discussing issues related to operating a restaurant or bar in Canada. It can...
How to Get Caught Using Zappers
This post concerns the use of zappers in restaurant operations. It is not a “how to” guide in their “proper” use, nor is it, in any way, an endorsement of their use. In fact, if you are even thinking of employing a zapper ...
Restaurant Tax Fraud – Then and Now
Recently, we’ve begun to hear a lot more about tax evasion in the restaurant industry. More specifically, we’re talking about technologically-assisted tax fraud, using zappers or phantom-ware. It made the news, again this past week, w...
It’s Going to get a Whole Lot Worse!
I don’t want to scare you, but I feel it is my duty as a fellow restaurateur and as an accountant. After reading this headline, many of you will think this blog entry is going to be about the economy and how it will affect your restaurant bus...
Zapper Update
Today’s Toronto Star ran an article about restaurants hiding cash income. You can find it here: Restaurant probe finds $40M in ‘phantom’ sales. Until recently, most detective work surrounding the use of zappers had been focused ...
Auditproofing – Average Costs
So far, I’ve discussed the POS system and how to maintain it for accurate reporting, how to document your sales mix for all audit periods, and the importance of maintaining an accurate history of your menu prices. Taken together, these bookk...
