“MayerMeinberg LLP is a team of industry experts. Their experienced staff assisted us with managing our business. This group of professionals understands the unique nature of the hospitality industry and was able to answer our questions about sales tax audits and establishing controls and standards for the different costs that are associated with running a hotel. With their assistance we were able to lower costs, apply appropriate tax strategies, and run our business more efficiently”
Joe Loney, General Manager
West Hampton Bath & Tennis Hotel and Marina
The Hospitality industry employs and services more people in the United States than any other industry, other than the Government. From hotels, restaurants, catering companies, travel agencies, and tour operations, MayerMeinberg LLP presents accountants and business advisors that understand multiple facets of the Hospitality industry.
In the hospitality industry, many companies are passed down from generation to generation. MayerMeinberg will support you through the unforeseen challenges and problems that come along with passing your business on to someone else, whether it is a family member, friend, or business associate. We have spent many hours working with companies on the succession of their businesses and we know the problems that can occur. Our team members proactively look for potential problems, allowing your business to function effectively.
Our comprehension of tax strategies is the means to decreasing your tax burden and amplifying your financial situation by preserving a larger portion of profits. Our success with business tax planning and filing, including sales taxes, payroll taxes, and other taxes, provides you with another way to achieve value in a highly competitive industry.
We are aware that this is a complicated business sector, and we have developed an understanding of the challenges, drawbacks, and concerns that companies in this industry face. With this awareness we are able to anticipate the potential hazards and risks, and provide you with service that helps in reducing your financial obstacles and bringing your business to the maximum level of profitability.
MayerMeinberg LLP can support your hospitality company through every step of the way. In the past we have assisted companies with business valuation, cash flow management, tax planning, budget development, operational analysis, general business consulting, and much more. No matter if you are starting up, expanding, or exiting a company our accountants and advisors can provide you with the appropriate service that fits your business needs.