Accounting and tax for Urbana restaurants, hotels and other hospitality businesses

Sound familiar?

• Sales arrive from several systems.

  Point-of-sale, card processors, booking platforms and delivery apps all report differently. Monthly reconciliation brings them into one set of books you can trust.

• Busy seasons and quiet ones.

  When revenue swings through the year, current financial statements show how each month actually performed and help you plan for the slower stretch.

• Margins that are hard to see.

  Food, labor, supplies and occupancy costs move fast. Regular reporting shows where the money goes while you can still act on it.

• Bars and liquor sales

  Liquor inventory and pour cost are the figures that show what the drinks a bar pours cost against what they sell for.

Your situation isn’t on this list? Tell us about it — every engagement starts with a conversation.

How we help.

• Monthly accounting

  Current books and financial statements.

• Business and owner returns

  Prepared together.

Services and starting prices.

• 01

  Monthly Accounting

  From $400/mo

  Transaction categorization, account reconciliations, financial statements and regular accounting support.

• 02

  Accounting + Tax + Planning

  From $900/mo

  Monthly accounting and reporting, business and owner tax returns, proactive tax planning and year-round CPA access.

  Founding Client Rate: $825/month for your first 12 months when you engage by March 31, 2027. Terms

Starting prices. Your scope and price are agreed in writing before work begins.

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Urbana at a glance

• 90

  restaurants with paid employees in the ZIP codes 61801 and 61802 that serve Urbana

  Source: U.S. Census Bureau, ZIP Code Business Patterns 2023

• 6.5

  hotels per 10,000 tax returns filed in its ZIP codes

  Source: derived by Tucker from Census ZIP Code Business Patterns 2023 and IRS Statistics of Income ZIP code data, tax year 2022

• 48%

  share of restaurants with 10+ employees (estimate)

  Source: estimate derived by Tucker from Census ZIP Code Business Patterns 2023; not a published figure

Tax offices for Urbana hospitality businesses

• City of Urbana HR and Finance Department

  City business tax and licenses.

  136 West Main Street, Urbana, IL 61801

  Phone 217-384-2346

  Official website

• Champaign County Treasurer/Collector

  County property tax collection.

  Phone (217) 384-3743

  Official website

• Illinois Department of Revenue

  State tax and revenue agency.

  101 West Jefferson Street, Springfield, IL 62702

  Phone 800 732-8866

  Official website

• IRS Taxpayer Assistance Center - Champaign

  Federal tax help in person.

  310 W. Church St., Champaign, IL 61820

  Phone (217) 398-5210

  Official website

Census ZIP Code Business Patterns 2023 counts 90 restaurants with paid employees in those ZIP codes, and Tucker CPA estimates that 48% of those restaurants have 10 or more employees.

In Champaign County, Illinois, the Champaign County Treasurer/Collector collects property tax. The City of Urbana HR and Finance Department is the city office for local taxes.

The Illinois Department of Revenue is the state office, and the IRS Taxpayer Assistance Center - Champaign is the federal one. Brent reconciles restaurant and hotel sales into monthly books and financial statements for hospitality businesses in Urbana.

Source: each office's official website, checked October 16, 2026.