Personal taxes can be complicated. Business taxes for your restaurant can be even more difficult. If you own a restaurant, tax time can be challenging. The livelihood of your company is at least partially dependent on your ability to minimize your tax liability, while also meeting the requirements of the IRS. While taxes are rarely an enjoyable or interesting topic, they’re a big part of any restaurant owner’s life. Getting a handle on your business taxes can increase your income and help you avoid costly legal issues. Here are a few quick tips for reducing your liability, while also helping you gain a better understanding of the most important concepts.