Restaurant Accounting Services

All Kallas Restaurant Accounting services are specifically designed for restaurant and bar owners like you, to make your job easier.

Kallas Company and COVID-19

(Updated 3/23/2020 at 1:33 pm)

COVID-19 is having a dramatic impact on our lives and businesses.

We want to share an update on what Kallas is doing to keep our customers and our people safe while continuing to provide necessary accounting and payroll assistance to our clients.  

Please continue to send your bookkeeping to Kallas as usual. Mail, fax and e-mail are still on and working. 

Per the “Stay At Home” order issued by Gov. Whitmer on March 23, 2020, Kallas must temporarily reduce staff to critical infrastructure only. The phones will be on during normal business hours but only one or two people will be in at any time to provide critical support. Please be patient.

Kallas is following the guidance of global health experts at the World Health Organization (WHO) and U.S. Centers for Disease Control (CDC) on preventing the spread of the COVID-19 virus. We are reminding employees of the importance of:

  • Washing hands often with soap and warm water for at least 20 seconds.
  • Avoiding touching your eyes, nose, and mouth.
  • Cleaning things that are frequently touched (like doorknobs and countertops) with household cleaning spray or wipes.
  • Covering coughs and sneezes with a tissue or the inside of the elbow.
  • Staying home when feeling sick.

Thank you for trusting us with your business.

Tax Deadlines – As of March 23, 2020

(Updated 3/23/2020 at 1:33 pm)

  • Personal, partnership and corporation federal tax returns do not have to be filed until July 15, 2020.
  • Personal and business federal income taxes and estimated taxes due April 15 are postponed until July 15, 2020.
  • As of today, state income taxes and estimates are still due April 15.
  • February sales tax payments are delayed until April 20 although returns are due March 20.
  • As of today, March sales tax is still due April 20, 2020.
  • As of today, all payroll taxes are still due on their regular due dates
  • Continue to send your bookkeeping to Kallas as usual.

Direct E-Mailed Information Available for Michigan Restaurant & Bar Owners

(Updated 3/23/2020 at 1:33 pm)

One of the best resources Kallas uses to keep informed of the latest COVID-19 alerts is the Michigan Restaurant & Lodging Association direct e-mail.

If you are a business owner and would like to be added to their alert distribution list, please send your contact information to edaunt@mrla.org.​

E-mail Emily Daunt at edaunt@mrla.org and request MRLA direct e-mail information.

Coronavirus Resources for Michigan Restaurants and Bar Owners

(Updated 3/23/2020 at 1:33 pm)

As COVID-19 continues to impact the hospitality industry in Michigan, the MRLA  is continuously sharing all available resources to the entire hospitality industry as they become available. The information below is from the Centers for Disease Control and Prevention (CDC) and other reputable resources. If you are a business owner and would like to be added to our alert distribution list, please send your contact information to edaunt@mrla.org.​

Small Business Disaster Assistance Loans – Federal

(Updated 3/23/2020 at 1:33 pm)

If you plan on applying for a U.S. Small Business Disaster Assistance Loan, the faster you move the better.  Some accountants are predicting a backlog of loan applications that will make processing yours take a significant amount of time.  

Use resources at disasterloan.sba.gov to learn more and apply online.

Tips from George Kallas for applying on-line for an SBA loan:

  1. Before you start you should obtain the necessary information 
    • Your personal financial information.
    • A copy of your last personal tax return.
    • A list of your business liabilities.
    • A copy of your last business return.
    • The most current financial statement or P & L.
    • Information on any personal or business mortgages.

2. The process is very slow. Expect 3-4 hours at least. Be patient. It is working.
3. Try doing it during non-business hours when it is not so busy.
4. Hit the save button often.
5. You must register first. The register button Is at the top of the first page.
6. You might want to have someone help you who is computer savvy.
7. Call Kallas for electronic copies of tax returns. We can send those to you for free.

Small Business Relief Program – Michigan

(Updated 3/23/2020 at 1:33 pm)

Michigan Economic Development Corporation has compiled information and resources for small businesses, major employers, entrepreneurs and others regarding our response to the economic impact of COVID-19. Please visit their COVID-19 resource page for more information.

The Michigan Small Business Relief Program will provide up to $20 million in support for small businesses negatively impacted by COVID-19. The funding is divided between $10 million in small business grants and $10 million in small business loans to support businesses facing drastic reductions in cash flow and the continued support of their workforce. Funds for the program are expected to be available no later than April 1, 2020.

 Provide grant support for businesses hardest hit by COVID-19. Funds for the program are expected to be available no later than April 1, 2020. Additional details on how to apply will be forthcoming.

Provide small business loans to businesses immediately impacted by COVID-19. Funds for the program are expected to be available no later than April 1, 2020. Additional details on how to apply will be forthcoming. 

Non-Government Disaster Loans & Bank Assistance Information

(Updated 3/27/2020 at 8:49am)

TCF Bank/Chemical Bank is making quick $5,000 to $50,000 disaster loans for Wayne County businesses that have lost over 25% of their revenue.
All you need is to apply at a location or on-line at www.TCFbank.com/waynecounty. Have a copy of your last Personal and Business tax return.

Michigan Unemployment – Resources for Employees

(Updated 3/23/2020 at 1:33 pm)

File Online for Faster Service

Due to increased call volumes, for faster service, file your unemployment claim online through the Michigan Web Account Manager (MiWAM). Filing online is easy, convenient, and is available 24 hours a day. Employees should click on MiWAM for Workers to begin your claim. View the MiWAM Toolkit for Claimants for step by step instructions on how create your account.

The Michigan hospitality industry consists of 600,000 team members and the COVID-19 crisis has displaced a majority of those dedicated individuals. The resources on the MRLA page are to assist you, the employee, as you navigate these uncertain and unprecedented times.

On Friday, the President signed the Families First Act which requires, starting April 1, 2020 and expiring December 31, 2010, all employers to provide 14 days of sick pay immediately to employees who are impacted by COVID-19.

Contact us for a free restaurant accounting consultation!