Restaurants
Independent restaurants from quick service to full service.
Food and events — tight margins, tips, deposits and HST at the register. Every niche below has dedicated pages for the things owners actually ask us about.
Independent restaurants from quick service to full service.
Cafés, bakeries and dessert shops mixing counter service and wholesale.
Mobile food businesses and event caterers.
Single and multi-unit franchisees across food and service brands.
Halls and venues booked seasons ahead, GTA wedding market included.
Neighbourhood pubs, bars and taprooms under an AGCO liquor licence.
Craft brewers and small distillers selling through taproom, LCBO and licensees.
Independent and flagged hotel/motel owners in the GTA.
Golf course operators, driving ranges and semi-private clubs.
Independent pizza shops, shawarma spots and takeout counters across the GTA.
“Your industry shapes your numbers. We know what to look for.”
Walla Assaf, CPA · Founder, Tauro Accounting
Tips are taxable income for employees. How they're reported depends on whether tips are controlled (pooled and allocated by the employer) or direct (kept by the employee). We set up the proper reporting structure and ensure it's reflected on T4s.
Your POS tracks sales, but it doesn't reconcile with your bank deposits or account for voids, refunds, or third-party delivery commissions. Those gaps need to be reconciled into your accounting system regularly.
It starts with consistent tracking of purchases. We set up cost of goods reporting so you can see your actual margins by period and identify where costs are out of line.
You'll need separate tracking by location, consolidated reporting, and potentially a different corporate structure depending on how you set it up. We also help with the financial documentation your lender will need.
Yes. We handle payroll for businesses with frequent hires and terminations, onboarding, payroll processing, ROEs, and year-end T4s regardless of how often your staff changes.