Hospitality
State and Local Tax Services for Hospitality
Impacted by COVID-19, inflation, and short-term rentals, business has never been more challenging for the hospitality industry. All of these challenges are making businesses less profitable and the last thing you should be doing is hurting yourself by overpaying state and local taxes. We help you take control over your real estate, personal property, and sales and use taxes—and make sure these business challenges are reflected in your tax liability so that you never pay more than your fair share.
Schedule a FREE Consultation
"*" indicates required fields
“Midas is very pleased with the services provided by the Brennan Group. In reviewing both our sales tax and real estate tax for numerous properties in 13 states, The Brennan Group has provided Midas entities with an aggregate savings in excess of $250,000. The professionals at The Brennan Group do a terrific job in making the process as simple as possible for the customer. Nothing makes me happier than delivering savings to my organization with little or no effort on my part. Thank you and your team for the hard work and diligence in working on our account.”
Sales & Use Tax
Whether you’re operating a standard hotel or a full-service resort, you’ve got multiple revenue streams that are all taxed differently. Ensuring that you’re charging the right tax, collecting the right tax, and remitting the right tax is complicated. Our team is here to do the hard work for you. We make sure you’re taking full advantage of the exemptions and staying compliant with all state and local requirements.
Personal Property Tax Services
Although not all states impose personal property taxes, more often than not hotels are paying more in personal property tax than they should be. There are potential savings opportunities through personal property review. Our analysts are certified appraisers and have decades of experience, so they know the exemptions and the most advantageous classifications to keep your valuation low and your taxes lower.
Real Estate Tax
Inflation, rising interest rates, labor shortages — all of these impact the performance of your business and the overall value of your property. We can help create more value for your property by ensuring that you’re not paying more in real estate taxes than you should.
Read more about navigating property tax challenges for hotels and resorts with our Expert’s Guide to Fair Assessments.
Take the First Step to Simplify Your Business’s State and Local Taxes
Schedule a call with a hospitality expert to discuss your state and local taxes, and explore how we can help you get them right, get them under control, and create more value for your business.