The FICA Tip Credit offers a unique advantage for those in the food and beverage sector by allowing employers to get tax credits for tips your employees earn.
Did you know your employees’ tips can get you money back from the IRS?
Did you know your employees’ tips can get you money back from the IRS?
Whether your business needs $10K or over $1 Million, all it takes is 10 minutes to start your application.
Over the last three years, Adesso Capital is proud to have helped over twenty-thousand restaurants, bars, hotels, and other small businesses recover from the economic effects of the COVID-19 pandemic, with access to over $1 Billion in Employee Retention Credits and Refunds. For many, these funds made all the difference in keeping their doors open.
While ERC has expired, our mission remains the same. We continue to help businesses access the funds they need to achieve their goals through a wide range of financing products and tax credits.
One independent restaurant owner recovered over $200,000 through the ERC with Adesso’s help. But the story didn’t stop there. We continued supporting their business with a FICA Tip Credit filing, adding another $36,000 in savings, and later helped secure a $300,000 loan to fund a second location.
We’re proud to have been a trusted partner to so many restaurant, bar, and hospitality operators throughout the pandemic, and to continue helping them uncover new ways to save money and grow.
COVID-19 had a severe financial impact on businesses across industries. While the pandemic has subsided, emerging infectious diseases and business interruptions remain a growing risk.
Adesso Risk, in partnership with Munich Re (a global leader in risk solutions), is exploring a new type of Pandemic Coverage designed specifically for hospitality, restaurant, and lodging businesses to safeguard them with financial protection against future pandemics and government-mandated shutdowns.
This exclusive program is available to hospitality, restaurant, and lodging businesses through industry associations. Don’t wait until the next pandemic to secure your business.