Cigar Lounges & Stores
Running a cigar shop has its own challenges that are crucial to understand. A strong accountant can help you discover thousands of dollars in savings that you might have missed otherwise.
1
Bookkeeping
Having proper bookkeeping not only helps you each year during tax season, but also plays a pivotal role in the financial management of your cigar lounge. We help categorize your transactions and make sure your business runs smoothly.
2
Inventory Management
Inventory management is a major part of running a cigar or tobacco business. Properly recording shrinkage and using the correct inventory accounting method makes a major difference in the success of the business.
3
Fixed Assets
Fixed assets such as furniture, humidors, and equipment in your lounge must be recorded properly. Utilizing depreciation can be a major benefit during tax season.
4
Tax Regulations
Depending on your state or jurisdiction, tax laws regarding the sale of tobacco products can be stringent. It's essential that you have knowledgeable expertise you can turn to when it counts the most.
