The IRS 2018 contribution HSA limit change has been reversedMay 4, 2018
The TCJA changes some rules for deducting pass-through business lossesMay 22, 2018
Ohio restaurants don’t have to pay sales tax on things used for:
- Food Preparation
- Food Preservation
- Food Equipment Cleaning
In addition, Ohio restaurants don’t have to pay sales tax on:
- Certain décor items
- Design Services – used for new and remodeled restaurants
- CO2 for soft drinks
If the item is exempt, then also exempt are:
- Freight and delivery charges
- Warranties and service contracts
- Repairs and parts
Want to understand more and potentially save money?
Contact Lisa Ryan in the Restaurant Practice Group or Steve Estelle in the Tax Specialty Services Group at Whalen & Company CPAs.