Employee Retention Tax Credit: Restaurant Updates

Oct 6, 2021

Duration: 1 hour


The IRS provided much-needed guidance on aspects of the Employee Retention Credit that help restaurant owners seeking to qualify for the credit. Join Randy Crabtree, co-founder and partner of Tri-Merit Specialty Tax Professionals, as he shares these updates as well as discuss other tax incentives that are available to taxpayers, but that are often under-utilized within the Restaurant Industry. This includes Cost Segregation, the Work Opportunity Tax Credit (WOTC), and the 179D Commercial Building Energy-Efficiency Tax Deduction.

Three Key Takeaways:

  • How wages paid to majority owners are treated for ERTC
  • When adjustments must be made for income tax purposes
  • How tips are used in ERTC calculations and whether the tip credit affects this


Randy Crabtree
Co-Founder and Partner
Tri-Merit Specialty Tax Professionals