Restaurant Revitalization Fund (RRF) Updates

Restaurants were extremely hard-hit by government-imposed shutdowns and other restrictions related to the COVID-19 pandemic. Congress created the Restaurant Revitalization Fund to provide relief to restaurants, but the demand for the funds was far greater than the supply. According to the SBA, they received more than 278,000 applications by June 30th, seeking more than $72.2 […]

Recent Bill Passed For Sales Tax Relief – Is Your Colorado Restaurant Eligible?

Sales Tax Relief for Qualifying CO restaurants

What is House Bill 21-1265: Sales Tax Relief for Bars, Restaurants, Caterers, and Mobile Food Retailers? HB 21-1265 allows qualifying retailers to claim a limited special deduction from state taxable sales under certain conditions to retain and spend the resulting state sales tax. The deduction is available for sales made in June 2021, July 2021, […]