Hospitality

At Sullivan & Company, we work with a wide array of major clients in the hospitality industry including hotels and conference centers, restaurants and country clubs, and construction and related businesses. We provide tax, audit, business consulting, business valuation and cost segregation services with a special focus on the critical variables in the hospitality industry.

Our dedicated professionals appreciate the unique challenges facing property managers in both good times and challenging ones. From purchase and sale to building and construction to day-to-day operations, we understand the nuances of complex and changing partnerships. We advise our clients on the related tax rules to minimize their liabilities and maximize cash flow. We leverage the latest accounting rules and pronouncements every step of the way.  We stay abreast of the trends that impact the hospitality industry and, in particular, our clients

When needed, our valuation professionals and cost segregation specialists provide high-level support. Establishing the worth of a company requires a multi-disciplinary examination of the business, coupled with professional judgment that comes from training and experience.  An accurate and defensible assessment of the value of a business involves the application of standards, formulas and pertinent financial, tax, economic and industry data. Our cost segregation specialists employ comprehensive tax planning strategies to reduce taxes through accelerated depreciation tax deductions.