On March 7th, Board of Equalization (BOE) Chairwoman, Diane Harkey sponsored a telephone town hall to discuss the legal and tax implications related to implementing a surcharge. Many business owners listened to helpful information from a three-member panel including: BOE Tax Policy Advisor, Lisa Renati, Attorney Bruno Katz of Wilson Elser, and Chief Financial Officer of the Cohn Restaurant Group Michael Feinman. The panel briefed participants on specific state and federal laws related to surcharges, in addition to specific topics, including:
When and how to notify a customer if a surcharge is included.
How to properly apply a surcharge to a customer’s bill, and