Monday, October 14, 2013

Oct. 28: Runner Hosts Tele-Tax-Town Hall for Restaurateurs

georgerunner2013Every day, restaurant operators face challenges with tax laws in the state of California. The laws can be complicated and at times confusing, and owners can face stiff penalties and interest if deadlines and accuracy are not met.


The Board of Equalization, in partnership with the California Restaurant Association, will host a Telephone Town Hall at 10 a.m. Oct. 28 to provide advice for the state’s restaurateurs on how best to comply with tax codes. The teleconference will feature BOE member George Runner and will offer advice specific to the restaurant industry.


Many tax codes feature a layer of complication when applied to the foodservice industry. For example, is a mandatory tip taxable? Also, how do tax provisions apply to hot food items, cold food items or to-go orders? The BOE will cover these issues and also issues with complimentary food, employee meals and other complex tax situations.


Understanding these laws clearly will allow restaurant operators to spend less time concerning themselves with tax issues and more time running their restaurants.


To participate in the event, register in advance online at www.boe.ca.gov/townhall or call 916.445.3032.



Oct. 28: Runner Hosts Tele-Tax-Town Hall for Restaurateurs