lockupLight

Services

Tax preparation & planning

Business and personal returns, planned before year end.

Bookkeeping & monthly close

Reconciled books, closed by the 10th of every month.

Advisory

Cash-flow forecasts, entity choices and a monthly review.

Audit & assurance

Reviews, compilations and audits for lenders and boards.

All services →

Industries

Dental & medical

Practice entities, owner pay, buy-ins.

Construction

Job costing and bonding statements.

Restaurants

Tips, payroll and food-cost reporting.

Nonprofits

Form 990, restricted funds, audits.

Retail & trades

Inventory, sales tax and seasonal cash.

Real estate

Rentals, 1031 exchanges, depreciation.

All industries →

Partners

Eleanor Ashcombe, managing partner, portrait

Eleanor Ashcombe

Managing partner · tax

Daniel Reed, tax partner, portrait

Daniel Reed

Tax partner · CPA, CFP

Denise Carter, audit partner, portrait

Denise Carter

Audit partner

Robert Hale, advisory partner, portrait

Robert Hale

Advisory partner

Meet the firm →

Fees

Tax calendar

Blog

Contact

Client portal

Book a consultation

Restaurants

Run the kitchen.

We'll close the books.

Tips, payroll, sales tax and food-cost reporting for restaurants and cafés, with the books closed by the 10th of every month.

Dentist smiling in his practice
A restaurant owner in his kitchen apron, with payroll filed and the books closed

The questions every owner asks.

Daniel works with restaurant owners on both sides of the Hudson.

Book a consultation

✓

Tips

Tip reporting and the FICA tip credit, done right.

✓

Payroll

Weekly payroll for front and back of house.

✓

Sales tax

Filed on time in New York and New Jersey.

✓

Food cost

A monthly report on what each plate costs you.

Dr. Megan Walsh, Walsh Family Dentistry
Marco and Lucia Russo at their restaurant counter

★★★★★

We used to close the year in March. Now we close the month by the tenth and know where we stand.

Marco & Lucia Russo

Russo's Trattoria · clients since 2016

What changes when your accountant knows restaurants

A generalist

✕

Reconciles tips once a year

✕

Reports food cost as one line

✕

Files sales tax when reminded

A restaurant specialist

✓

Reconciles tips every pay run

✓

Tracks food cost by the month

✓

Files sales tax before it is due

What our clients say

Owner-run businesses from Manhattan to Montclair, in their own words.

4.9

★★★★★

212 reviews on Google

★★★★★

We used to find out what we owed in April. Now Daniel walks us through it every quarter and the number never surprises us.

Dr. Paul Kessler, Kessler Family Dental

Dr. Paul Kessler

Kessler Family Dental, Montclair

★★★★★

Job costing finally matches what happens on site. Our bonding company asked who does our books, which has never happened before.

Marcus Hayes, Hayes Building Co., on a job site

Marcus Hayes

Hayes Building Co., Queens

★★★★★

Tips, payroll and sales tax used to eat my Sundays. Now the books close by the tenth and I spend Sundays in the kitchen.

Tony Russo, Russo's Trattoria

Tony Russo

Russo's Trattoria, Hoboken

★★★★★

Denise's team made our first audit calm. Our board got a clean opinion and our grantors got their reports early.

Laura Bennett, executive director, Riverside Pantry

Laura Bennett

Executive director, Riverside Pantry

★★★★★

They set up our inventory accounting before the holidays and caught a sales tax problem that would have cost us thousands.

Jessica Hollis, Hollis Street Boutique

Jessica Hollis

Owner, Hollis Street Boutique

★★★★★

Six rentals, two LLCs and a 1031 exchange. Robert keeps it all straight and I know my estimated payments before I ask.

Michael Grant, real-estate investor

Michael Grant

Real-estate investor, Brooklyn

Questions clients ask

Do you work with cafés and bars too?

Yes: restaurants, cafés, bars and catering companies.

Can you take over our payroll?

Yes. We run payroll for front and back of house, including tips.

Do you work with our point-of-sale system?

Yes. We connect the daily sales reports to the books so sales tax and revenue match.

Free consultation

Bring last year’s return. We’ll take it from there.

An hour with a partner, at our office in New York or Montclair or by video. You leave with a written scope and a fixed fee.

What to bring

✓

Last year’s federal and state returns

✓

Recent bank and card statements

✓

Any IRS or state notices you have received

Daniel Reed, CPA, CFP, tax partner

Daniel Reed

Tax partner · replies within one business day

Tell us about your business

A partner replies within one business day.

lockupLight

CPAs for owner-run businesses and the families behind them.

118 West 27th Street, New York

21 Church Street, Montclair

© 2026 Ashcombe & Reed, CPAs · Licensed in NY and NJ · AICPA member

Ashcombe & Reed is a fictional firm.

Create a free website with Framer, the website builder loved by startups, designers and agencies.