Hospitality Tax Services

Hotel, Motel and Resort Tax Preparation & Filing Services

Hospitality Tax Services CPA for Phoenix, AZ Businesses

Hospitality businesses are unique in many respects. They often deal with a specific set of challenges, like maintaining even cash flow during unavoidable seasonal slumps or hiring enough temporary workers during busy periods. Having a Phoenix tax preparer experienced with hotels of all types and sizes can help ensure your business takes full advantage of various tax credits available to you, like the payroll tax deferment or some of the modified tax provisions under the CARES Act. 

Laws change over time, which is why having a hotel accountant and tax preparer who understands how to leverage recent changes to things like net operating loss (NOL) to maximize your tax refund can be especially valuable for your business. 

Accounting, Business Consulting and Detail-Oriented Tax Preparation

Tax preparation is just one of the services H&H Accounting Services offers to hotels, motels and hospitality businesses in the Phoenix metro area. In many cases it greatly benefits a business to utilize the same accounting firm for their bookkeeping, accounting and tax preparation. Your regular bookkeeper and accountant will have all the necessary documents on hand to prepare your taxes, and they’ll be uniquely positioned to quickly identify ways to increase your credits, deductions, depreciation and refunds.

Some of Our Other Hotel, Resort and Motel Accounting Services

Bookkeeping

Payroll

Business consulting

QuickBooks support (Certified ProAdvisor)

Guidance on benefits planning

Hotel financial audits

Hospitality risk tolerance assessments

Assistance with securing financing

Compilations

Maintaining Tax Compliance

There are many ways in which tax law and regulations can potentially benefit your hospitality business, but utilizing these advanced tax planning strategies carry their own risks. Audits are common when hospitality businesses overreach on tax credits and write offs. Maintaining compliance can save your hotel, motel or resort a lot of money, time and future headaches. H&H Accounting Services can help. 

Hospitality Industry Business Consulting 

The hospitality industry has faced its fair share of headwinds in recent years. Some of those challenges must simply be mitigated to the best of your abilities, while others might actually be opportunities to increase your market share or expand your offerings. Whether you’re looking to secure advantageous financing, attract investors or are just seeking ways to better manage your cashflow, H&H Accounting Services can help. Our hospitality business consulting can assist with: 

Optimizing payment schedules

Identifying new vendors or alleviate supply chain struggles

Providing relevant reports and market analysis

Developing strategic plans for business growth

Helping you secure financing with favorable terms

Detail-Oriented Tax Preparation, Accounting, Bookkeeping and Business Consulting for Phoenix Hospitality Businesses

The team at H&H Accounting Services understands the unique challenges faced by hospitality businesses in the Valley. We’ve helped hotels, motels, resorts and other hospitality businesses deal with common struggles associated with blistering summers while also maximizing their benefits from things like convention season. 

You can sit down with one of our tax preparation and accounting experts for a free, no-obligation one-hour consultation. We’d be happy to visit your hospitality business for a chance to discuss your tax preparation or accounting needs in person. 
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