LUTZ BUSINESS INSIGHTS
DOES YOUR RESTAURANT USE A FOOD DELIVERY SERVICE?
If you use a food delivery service such as Grubhub, Postmates, Uber Eats, etc., you may owe tax on those sales. Some delivery services collect all sales tax & city occupation tax (if applicable), and remit it to the proper taxing authorities. Other delivery services collect the customer’s tax, but then give the tax to the restaurant to remit to the proper authorities.
We have recently found the tax treatments vary substantially between providers and can change frequently. It is important to read the fine print and discuss the tax reporting details with your food delivery service provider(s) regularly. If you have any questions regarding this topic, please contact us.
LUTZ BUSINESS INSIGHTS How to Transition a Temporary Employee to a Permanent Position CHRIS BOUCHARD, DIRECTOR OF TALENT ACQUISITION When you need short-term workers, you may find it beneficial to hire temporary staff. With time, you may consider...
Earnings season will kick off this week, with a handful of the big banks reporting results for the 1st quarter. The narrative in the market in recent months has been that progress…
This month’s retirement plan newsletter contains insights on investment policy statements, 401(k) plan tax credits, retirement plan committee activities, and more…
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