Tag Archives: #ResortAccountingThresholds

Bookkeeping for lodging establishments

Bookkeeping for lodging establishments   There is no federal threshold limit of bookkeeping for lodging establishments such as hotels, motels, and resorts. However, some states may have their own thresholds. For example, the state of California requires all businesses with gross receipts of 25,000 or more to keep books and records. Even if there is… Read More »