Retailers & Restaurants

Galanti & Company understands the importance of attentive client service and maintaining an inventory of services to meet customers’ needs.

We are aware of the demands of owning and operating a restaurant or retail establishment, as well as the intensive accounting for labor costs and inventory management.  We understand and can help you with:

  • Tax benefits relating to claiming employer tip credits
  • Expensing and accelerated depreciation methods on asset purchases to front-load tax deductions
  • Inventory management systems and use of other internal controls to safeguard assets
  • Forecasting and planning for operation expansion
  • Securing financing for permanent and working capital needs
  • Tax reporting and compliance
  • Financial statement preparation