Hospitality employers in New York State—as we approach the end of the year, keep in mind these important changes taking place in 2026. New NYS Minimum Wage Rates Beginning on January 1, 2026, the general minimum wage in New York will increase by $0.50 to the following amounts: For New

Thinking of selling your restaurant? The sale of any business comes with a myriad of tax implications, which is why it’s important to work closely with a tax professional who can help you navigate your options. Below are five key tax-related points you should consider when it comes time to

With financing options for hospitality businesses becoming increasingly limited in recent years, private credit has emerged as a viable alternative to traditional borrowing options. This article will go over the fundamentals of private credit as well as the potential benefits this alternative lending option offers for restaurants and hotels. What

It’s no secret that technology is transforming the hospitality industry. From online ordering to virtual reality hotel tours, nearly every aspect of hospitality has been reshaped by recent advances in technology. Let’s take a look at some of the latest developments in the digital revolution—and how restaurants and hotels can

On July 4, the president signed into law the One Big Beautiful Bill Act (OBBBA), implementing many significant tax and spending policy changes and extending many tax provisions previously set to expire. IRS guidance on the new legislation is still forthcoming—RBT CPAs will continue to provide updated information as this

Last updated on July 3rd, 2025In the restaurant business, the Chief Financial Officer (CFO) is responsible for managing the financial aspects of the restaurant, from financial reporting and projections to compliance and overseeing finance team members, with many functions in between. The CFO role is a critical one—however, the cost

Last updated on June 16th, 2025Restaurant point-of-sale (POS) systems serve as command centers where numerous functions come together, streamlining everything from order taking and payment processing to sales monitoring and inventory management. Beyond helping restaurants optimize their everyday operations, point-of-sale systems also help promote long-term success by providing critical insights

Last updated on May 5th, 2025You’ve put countless hours—and likely many years—of hard work, dedication, and passion into your restaurant business. To ensure that the legacy you have worked so hard to build continues after you step away, you need to formulate a plan for the future of your business.