Miami Restaurant Tax Challenges

Florida’s sales tax situation for restaurants is more complicated than people realize. You’re collecting state sales tax plus the Miami-Dade County surtax on every transaction, and the rules around what’s taxable shift depending on whether something is sold for on-premises consumption, takeout, or delivery through a third-party app. Get it wrong and you’re either overpaying or facing penalties from the Florida Department of Revenue.

Then there’s tip reporting. The IRS watches the restaurant industry closely, and allocated tips, tip credits, and the FICA tip credit all need to be handled correctly on both the employer and employee side. Most general accountants don’t touch this stuff — we deal with it every day.

Restaurant Accounting Services

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  Sales Tax Compliance — Accurate collection, reporting, and filing for Florida state tax and Miami-Dade surtax.
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  Tip Reporting & FICA Tip Credit — Proper reporting of employee tips and maximizing your employer tax credits.
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  Food Cost & COGS Tracking — Monitoring your cost of goods sold so you know your real margins, not your guessed ones.
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  Payroll Management — Processing payroll for tipped and non-tipped employees, including proper minimum wage calculations.
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  Federal Tax Preparation — Business returns, owner distributions, and estimated payments handled correctly.
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  Multi-Location Bookkeeping — Consolidated financials for restaurant groups operating across Miami-Dade.