Introducing an IRS tax credit specifically for restaurants and bars, with Adesso Capital
Update: 2024-03-21
Description
Gratuities fuel your business and it’s time you took advantage of the unique tax benefits afforded to you. The FICA Gratuity Credit is a federal tax credit for employers with gratuity-driven employees. This IRS credit allows employers to claim a portion of the FICA taxes paid on employees' gratuities as a credit against their tax liability. On average, restaurants are seeing an IRS credit of $40,000.
Find the slideshow here: https://wahospitality.org/wp-content/uploads/2024/03/Gratuity-Tax-Credit-Webinar_-WHA.pdf
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