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Recordkeeping unlocks tax break for tipped workers
Millions of servers, bartenders, delivery drivers, and salon workers could trim their tax bills this filing season by documenting their tips with care. The savings come from a simple rule: workers are ...
When you leave a tip, it's rare that your server gets to keep it all. Here’s how tip outs and tip pools work. When you tip someone, do you really know where those dollars are going? When someone at ...
Tipped workers will be able to deduct up to $25,000 in tips from their taxable income beginning in 2025. To help sort out the details, the Treasury and the IRS are rolling out additional guidance.
These tips are anything but booming. Baby Boomers are the worst tippers according to a new survey of over 2,000 Americans, with the generation’s average tip percentage landing at 16.40%, more than two ...
When you tip someone, do you really know where those dollars are going? When someone at the deli makes you a bacon, egg, and cheese on a roll and you throw a dollar into the Styrofoam cup by the cash ...
When you leave a tip, it's rare that your server gets to keep it all. Here’s how tip outs and tip pools work. Darron Cardosa is a food service professional with over 30 years of restaurant experience.
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