Hancock Askew can contribute to your bottom line by analyzing financial and tax issues through each stage of your store, restaurant or hospitality entity’s life cycle. We can help you maximize your tax or depreciation deductions by performing a cost segregation study, reviewing charitable contributions of inventory, and determining whether to use the book or tax treatment of inventory.
We serve many types of retailers and restaurants. From franchise locations of large chains to the large chains themselves. Our clients include retailers selling auto parts, clothing, various supplies and general goods. Our restaurant clients include sole proprietors as well as large chains and franchise locations.
The team at Hancock Askew is experienced and seasoned in dealing with the range of demands that retail and restaurant owners face on a daily basis.
Traditional Accounting Services for Retailers & Restaurants
- Tax Preparation and Planning
- Sales Tax and SALT Services
- Audit, Review, Compilation of Financial Statements
- Cost Segregation and Accelerated Depreciation Strategies
- Outsourced Accounting Services
Non-Traditional Accounting Services for Retailers & Restaurants
- Restaurant Employment Tip Credits
- Renewal Community/Work Opportunity Tax Incentives
- Traditional/Non-Traditional Financing
- Budgets, Projections, and Benchmarking
- Cash Flow Analysis
- Restaurant/Retail Business Valuations
- Tax Exam Assistance
- Consulting for Franchises, Clubs, Quick Service & Fine Dining Establishments