Neon-Sign Season Accounting for Wildwood Motels and Boardwalk Vendors

J-1 students are employees subject to income tax withholding, but many nonresident aliens on J-1 visas may be exempt from certain federal payroll taxes such as Social Security and Medicare, depending on their status. Because the rules depend on individual circumstances, we set up each worker carefully and confirm unusual cases with your tax advisor.

Deposits received before a stay are liabilities, not revenue, until the guest arrives. We record them in a deposits account and move them to revenue when the stay occurs. That approach keeps monthly results accurate and prevents paying tax on income before it is earned.

Pour cost compares the cost of liquor, beer and wine used to the sales generated from those drinks. Tracking it regularly reveals over-pouring, waste or theft. We calculate it from purchases, inventory counts and POS sales so you can act on it.

Yes. We process final payroll, file required returns even for low-activity quarters, reconcile accounts and help you plan off-season expenses so the business reopens smoothly in spring. We also prepare a checklist for reopening so the first spring payroll runs smoothly.

We fit around your schedule. Receipts can be photographed and uploaded from your phone, payroll hours can be submitted through a simple form, and check-ins happen by phone or video before opening or after closing. Our only office is in Old Bridge, and in-person meetings there are available by appointment.