Receiving Tips Can Be Taxing - Article Highlights: Tips are taxable and must be included on your tax return Tip splitting and cover charges Tip reporting to employer Employer tip allocation Daily log for tip record keeping If you work in an occupation where tips are part of your total compensation, you need to be aware of several facts relating to your federal income taxes: Tips are taxable - Tips are subject to federal income, social security, and Medica... ow.ly/2GdGWH
Posted on: Thu, 01 May 2014 19:40:27 +0000
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