Who we help · Restaurants
When you’re closing the kitchen at 11pm, the last thing you want is a stack of vendor invoices and a sales-tax return split across three rates. We handle the books so you can run the floor.
The taxes a Twin Cities restaurant actually touches
6.875%
Minnesota state sales tax on prepared food
+2.5%
Liquor gross-receipts tax, on top of state rate
+3% / +3%
Downtown Minneapolis restaurant & liquor taxes
Form 8027
Annual IRS tip report — tips allocated under 8%
Rates per the Minnesota Department of Revenue and IRS. Liquor and downtown Minneapolis taxes apply on top of the state rate; exact local rates depend on your address.
Customary tipping plus more than 10 staff means Form 8027 every year. We keep POS and payroll tied together so reported tips, gross receipts, and any 8% allocation line up before the form is due.
Food, alcohol, and exempt grocery-style items each carry a different tax — and downtown locations carry more. We set your point-of-sale up so the right tax rings on the right item and the returns match.
Sysco, Restaurant Depot, produce, liquor — we match card and ACH activity to the actual invoices across 30+ accounts, so nothing is double-paid and your cost of goods is a number you can trust.
What piles up — and what we do about it
Prepared food, alcohol, and exempt grocery items are each taxed differently — and downtown Minneapolis adds 3% restaurant and 3% liquor taxes of its own.
How we handle it
We set your POS up so the right rate hits the right item, and we file each return — including the 2.5% liquor gross-receipts tax — on time.
If tipping is customary and you normally have more than 10 staff, you owe Form 8027 every year, with tips allocated whenever reported tips fall under 8% of sales.
How we handle it
We tie POS and payroll together so reported tips, gross receipts, and any allocation are reconciled long before the filing deadline.
Thirty-plus vendor accounts — Sysco, Restaurant Depot, produce, liquor — paid by a mix of card and ACH, are where double-payments and bad food-cost numbers hide.
How we handle it
We reconcile every account to the actual invoices each month, so nothing is paid twice and your cost of goods is a number you can trust.
A single revenue total can’t tell you that lunch is carrying you while late-night is bleeding.
How we handle it
We structure your P&L by daypart and category, so you can see which shifts and which menu items actually have margin.
Which package fits
Restaurants run on margin, and the difference between making it and not making it is usually buried in 30 vendor accounts and a sales-tax return that's split across three rates. Books + Tax keeps the same person on both sides — the bookkeeping you live in monthly and the return that closes the year — so nothing gets lost in handoff.
Full-year bookkeeping plus annual tax filing — one person, one bill.
Often paired with
Bookkeeping
Monthly bookkeeping that ties to the business return — the same person watching both, no end-of-year surprises.
ExploreBusiness tax returns
Schedule C, 1120-S, 1065, or 1120 — filed by the same person who kept your books all year.
ExploreTax planning
Year-end planning, S-Corp election analysis, retirement strategy, and owner-pay timing — before the year closes.
ExploreWhat clients say
Mark Magelssen
I've worked with Tasha on my taxes for multiple years - she does both my personal and business taxes. She does a fantastic job - super communicative, detail-oriented, and awesome to work with. I can't say enough good things about Accounting Lions!
Kelli Sperrazza
Tasha was very thoughtful and thorough! First year using their services, so glad I found her!!
Jim Algeo
Tasha does my annual tax return. Fast, accurate, all done over the computer so super easy……and reasonable pricing. She knows her stuff!
Katelyn Volk
Tasha does a great job doing my taxes every year, very happy with her work!!
Nancy Anselmin
Very pleased with this service. Quick, convenient, reasonably priced. Will definitely use again!
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Same person, every year.
Email us — we’ll reply within a day and set up a free 30-min call when it works for both of us. No pressure. We’ll figure out whether we’re a fit.