Year: 2019

Both restaurant owners and servers have to navigate and comply with IRS tip reporting rules. While it used to be fairly easy to pocket tips—especially cash—without reporting them, the IRS has expanded its efforts to capture tip revenue by tightening down...

Tips can be earned as cash provided by a customer, from a tip-sharing program at a restaurant, or as a gratuity left on a credit card. Many American workers rely on tips as a sizable portion of their income, yet many are unaware of how to properly report their tip...