Stop Overpaying the IRS: What Coffee Shop Owners Miss Every Year
Running a coffee business is demanding, and when tax season comes around, most owners focus on filing rather than strategy. The reality is that many coffee shop owners overpay the IRS every year, not because they have to, but because they’re missing opportunities built into the tax code.
Join Nicole Green, Tax Advisor at Robert Hall & Associates, as she breaks down practical, real-world strategies designed specifically for coffee shop owners, operators, and those planning to open their own café.
In this presentation, you’ll learn:
- The most commonly overlooked deductions specific to coffee shops
- Real-world examples of missed opportunities that cost business owners thousands
- How to properly classify expenses, including the difference between supplies and capital investments
- How equipment purchases, including espresso machines and buildouts, can be leveraged through Section 179 and bonus depreciation
- The key differences between payroll and owner distributions, and how it affects your bottom line
- Common employee vs contractor classification mistakes and how to avoid them
- How to structure your business as you grow, especially when expanding to multiple locations
- Why proactive planning throughout the year leads to better outcomes than reacting at tax time
Whether you’re just getting started or already operating one or multiple locations, this session will give you a clearer understanding of how to approach your business from a tax and profitability standpoint.
Walk away with practical insights you can apply immediately to help keep more of what you earn and make more informed decisions moving forward.