Hospitality Accounting Services

[vc_row][vc_column css=”.vc_custom_1469349759907{margin-top: 50px !important;margin-bottom: 50px !important;border-bottom-width: 50px !important;}”][vc_custom_heading source=”post_title” font_container=”tag:h3|font_size:30|text_align:center” use_theme_fonts=”yes” el_class=”heading_center”][vc_column_text]

The Chugh CPAs, LLP team is experienced in serving the accounting needs of the hospitality industry. With more than 30 years of experience, our team is skilled at advising clients in forming, growing, and managing their hotel businesses.

We condense your numbers into accurate financial statements to help you make smarter, informed decisions about your  business. With the help of Chugh CPAs, LLP, you can report your financials to stakeholders and meet the requirements of bank loans with ease.

Our team seamlessly files your tax returns. We also help you plan for the coming year and analyze ways to reduce your tax liability.

Our detailed, expert financial projection analysis helps you plan for the future, identify problems, and make business adjustments to improve your hotel’s profitability.

Chugh CPAs, LLP prides ourselves on being available, able, affordable, and affable.

Accounting for Hotel Owners

Our specialized accounting services for hotel owners include:

Accounting Services

  • General and customized accounting services
  • Accounting software selection and implementation

Tax Services

  • Tax preparation
  • State and local taxes
  • Tax planning
  • Employer taxes and withholding compliance
  • IRS practice and procedure
  • Tax problems, and government examinations
  • Multi-state tax compliance
  • Mergers and acquisitions
  • International tax services
  • Transfer pricing

Audit and Assurance Services

  • Financial statement audits
  • Agreed-upon procedures reports
  • Reviews and compilations
  • Employee benefit plan audits

Consulting Services

  • Creating a business plan
  • Business valuation
  • Cost segregation coordination
  • Cash flow & profit analysis
  • Forecasts, projections, and budget development
  • Business merger, acquisition, and disposition transactions
  • Due diligence

Legal Services for Hotels

Additionally, in collaboration with our sister law firm Chugh, LLP, we provide the following services to hotel clients:

Business Formation

  • Choice of entity
  • Partnership agreements
  • LLC operating agreements
  • Articles of incorporation & bylaws

Real Estate

  • Letters of intent
  • Lease review/negotiation/modification
  • Construction agreements and disputes

Contracts & Agreements

  • Hotel/restaurant management agreements
  • Equipment leases
  • Vendor/supplier agreements

Intellectual Property

  • Trademarks
  • Non-complete/non-solicitation agreements

Acquisitions/Dispositions

  • Buying a business
  • Due diligence
  • Selling or winding up a business

Dispute Resolution

  • Arbitration
  • Mediation

 Tax Representation

  • IRS practice & procedure
  • Tax problems, help with examination

Other

  •  Bankruptcy Consulting & Valuation
  • Estate planning
  • HR/Employment Law

For a free consultation, please contact our team at info@chugh.com.