If you are unfortunate enough to go through a sales tax audit of your bar operations, you’ll be required to pay sales tax on drinks you never sold.
If your bartenders stole or gave-away any drinks, you’ll be required to pay extra sales taxes. And when your bartenders over-pour, which almost all do, you’ll be required to pay extra sales taxes.
That’s because the tax audit process is so imprecise and arbitrary that it falsely identifies theft and over-pouring as under-reported sales. In effect, the tax process will conclude that you cheated on your taxes. And as a result, you’ll be assessed taxes on drinks you never sold – plus interest and penalties for cheating. Bar owners who honestly reported and paid their sales taxes are facing huge tax bills that threaten to put them out of business.
In this eBook, we will explain how a sales tax audit works, then show you how you can appeal an unfair tax audit and WIN. Read More>>
Through a mutual passion for the hospitality industry, Sculpture Hospitality was founded in 1987 as the pioneering company to develop bar and restaurant inventory management solutions. Sculpture’s innovative solutions have revolutionized inventory processes, helping bars and restaurants across the hospitality sector to become more efficient and profitable.
Since the company was first founded, Sculpture Hospitality has expanded worldwide with more than 370 successful global franchisees who love providing expert inventory management solutions to businesses in the hospitality sector.
Are you interested in learning more about our innovative inventory management solutions for restaurants and bars, and how we help with real life experts located around the world? Get in touch with our team today. We would love to help your business save money and improve profit margins.