Salons, barbershops, and spas mix service revenue, retail product sales, tips, and often booth or suite rent from independent stylists. Each of those is handled differently for tax purposes. Epsilon Accounting Solutions helps salon and spa owners keep it straight and stay on the right side of payroll rules.
Where We Help Most
- Booth rent and suite rental income tracked separately from service revenue.
- Employee versus independent contractor classification reviewed for each stylist or technician.
- Tip reporting and payroll for employees.
- Retail product inventory and sales tax.
- Monthly numbers that show which services and products earn the most.
Employee or Booth Renter?
How a stylist is classified affects payroll taxes, workers’ compensation, and your exposure if the arrangement is ever questioned. The answer depends on how much control the salon has over the work. We review each arrangement with you and set up payroll or 1099 reporting to match.
How We Work Together
We start with a conversation about how your salon or spa business runs day to day, then set up a monthly routine that fits it: what you send us, when you’ll get reports, and when we’ll check in. From there, you have one CPA who knows your numbers and answers your questions directly, all year long.
What We Provide
- Monthly bookkeeping and financial statements
- Business tax preparation
- S-Corp formation and tax planning
- Payroll services
- Part-time CFO guidance for growth decisions
We work with salons and spas in Edmond, Oklahoma City, and across Oklahoma, and serve clients in other states virtually. See the other industries we serve.
Want a CPA who understands how your business works? Call (405) 458-8949 or schedule a consultation.