Accounting and tax for Lexington 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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Lexington at a glance

• 682

  restaurants with paid employees in the 16 ZIP codes that serve Lexington

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

• 5.1

  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

• 66%

  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 Lexington hospitality businesses

• Lexington-Fayette Urban County Government Division of Revenue

  City business tax and licenses.

  218 E. Main St., Lexington, KY 40507

  Phone (859) 280-8300

  Official website

• Fayette County Sheriff's Office (Property Tax Division)

  County property tax collection.

  150 N. Limestone, Suite 265, Lexington, KY 40507

  Phone (859) 252-1771

  Official website

• Kentucky Department of Revenue

  State tax and revenue agency.

  501 High Street, Frankfort, KY 40601

  Phone (502) 564-4581

  Official website

• IRS Taxpayer Assistance Center - Lexington

  Federal tax help in person.

  1500 Leestown Rd., Lexington, KY 40511

  Phone (859) 244-2400

  Official website

A ratio derived by Tucker puts hotels at 5.1 per 10,000 tax returns filed in the ZIP codes that serve Lexington, using Census ZIP Code Business Patterns 2023 and IRS Statistics of Income data.

The same Census source counts 682 restaurants with paid employees in those 16 ZIP codes. By Tucker CPA's estimate, 66% of those restaurants have 10 or more employees.

In Fayette County, Kentucky, the Lexington-Fayette Urban County Government Division of Revenue is the city office for local taxes, and Fayette County Sheriff's Office (Property Tax Division) collects property tax.

The Kentucky Department of Revenue and the IRS Taxpayer Assistance Center - Lexington are the state and federal listings.

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