Tax Tips

Tax Tips

Tax Tips

I’m looking for tax tips on my tip income. I work at a banquet hall so tips are not required but for some time I have noticed management has been really greedy and cheap. Mothers Day they set up the hall like a restaurant and it was the worst ive seen and I am looking into getting back at them with a lawyer or something because they took alot of money away from us waitors. They deducted the tax and credit card fees from the bills first and then figured our tips out of that which i feel is very illegal. It is illegal? I need some with tax tips help.

You should consult a tax professional. Each situation is unique to the person. This is where a tax professional can help. A tax professional is going to help you work through your options and stand by you in the event of an audit or problem. There are also sites that offer tax tips. Some sites offer tax tips free of charge and others charge for tax tips. The thing you should do is find a professional that you are comfortable working with. This person should be local and accessible year around.

Tax Tips: No, but failure to fully report tip income to the IRS is.

Tax Tips