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It’s that time of year again! Time to prepare for tax filing, or get a head start and file now. This time around, we will take a look at tax filing for restaurant owners. Just like any other business, restaurants are required to pay certain taxes on income, property, payroll, and more. Let’s take a look at some of the different types of taxes restaurant owners pay, along with some tips for doing so.

Types of Taxes Restaurant Owners Must Pay:

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Tips

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Payroll

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Property

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Sales

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Liquor License

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Franchise

Types of Taxes Restaurant Owners Must Pay:

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Organize All Of Your Files & Receipts

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Decide How You Are Going To File Your Taxes

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Fill Out The Proper Forms

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Save Your Records

Don’t let a heavy tax bill affect your restaurant business! Income Tax Ottawa can provide you with the knowledge and services you need to pay your taxes and avoid the severe consequences of not filing.