It is crucial for hotels and restaurants in the hospitality industry to deliver a high standard of service and an exceptional customer experience for their guests. Running a profitable hospitality business is round-the-clock work requiring dedication and extreme detail in day-to-day operations. It can be challenging for hospitality businesses to handle financial accounting and bookkeeping needs, and stay up to date with changing tax laws.
Our Los Angeles, Orange County, and Long Beach accounting practices take pride in developing personal relationships with our clients in the hospitality and leisure sectors. We craft comprehensive plans that take advantage of available opportunities to maximize value and reduce tax burden. Whether it is an equipment loan or insurance fees, we provide guidance for unique financial challenges and priorities. The accountants at Song & Co CPAs can help your hospitality business achieve success in this highly competitive, fast-paced industry.
If you are a hospitality business in Los Angeles, Orange County, Long Beach, or surrounding areas, contact Song & Co CPAs for audit & assurance, tax planning, bookkeeping, and accounting services. We will take care of the numbers and let you focus on providing memorable experiences for your guests.
In addition to our core audit and tax services, we offer the following for the hospitality and leisure industry:
- Billing and collection procedures
- Cash management systems
- Employee benefit services
- Financial analysis
- Financial forecasts and projections
- Internal control attest and assurance procedures
- State and local tax consulting
- Tax planning and consulting