Hair & Beauty Salons Tax & Accounting | OnPoint Business Tax & Accounting
Industry Expertise
Hair & Beauty Salons
Tax and bookkeeping services for salons, spas, and beauty professionals in NYC & NJ.
Salon and spa owners deal with a mix of booth rental income, employee wages, product sales, and tip reporting — all with different tax treatments. OnPoint Business Tax & Accounting helps beauty business owners stay organized, compliant, and profitable year-round.
Common Tax Challenges for Hair & Beauty Salons
We understand the unique financial pressures your industry faces — and we know how to solve them.
Booth Rental vs. Employee Classification
Properly classifying stylists as booth renters or employees to avoid costly IRS reclassification.
Tip Reporting Compliance
Accurately reporting tip income for employees and ensuring proper withholding and FICA treatment.
Product Sales & Sales Tax
Collecting and remitting sales tax on retail product sales while keeping service revenue separate.
Booth Rental Income Accounting
Tracking booth rental payments as rental income and deducting related expenses properly.
Payroll for Mixed Workforce
Managing payroll for a combination of employees and independent contractors efficiently.
Equipment & Renovation Deductions
Depreciating salon chairs, equipment, and leasehold improvements to reduce taxable income.
Services We Provide for Hair & Beauty Salons
OnPoint Business Tax & Accounting delivers tailored tax and accounting services designed specifically for your industry's needs.
- Salon and spa business tax preparation
- Payroll processing and tip reporting
- Sales tax filing on retail products
- Booth rental income accounting
- Monthly bookkeeping and cash flow reports
- Contractor vs. employee classification guidance
- Equipment depreciation planning
- Business entity formation
Why OnPoint?
NYC & NJ's Trusted Business Tax Experts
- Circle of Excellence 2025 Award Recipient
- 5-star rated on Google Reviews
- Serving NYC & NJ businesses for over a decade
- Flat-fee pricing — you know the cost upfront, always
- 100% in-house — your work is never outsourced or offshored
- Bilingual staff — English & Spanish
- In-person, virtual, and drop-off options
Focus on Your Clients — We'll Handle the Books
OnPoint Business Tax & Accounting keeps your salon finances clean and compliant. Book a free consultation today.