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Financial Planning / Tax Strategies
|Subject: IRS: restaurants can't add gratuity to groups||Date: 12/31/2013 11:07 PM|
|Author: lindytoes||Number: 119778 of 121114|
IRS SAYS RESTAURANTS CAN'T ADD GRATUITY ONTO LARGE GROUP CHECKS ANYMORE; UNLESS...
... it's taxed like regular wages.
Attention: All Servers, bartenders, waiters/waitresses, owners and bar & restaurant accountants.
Did you know? As of January 1, 2014 the IRS will classify automatic gratuities as taxable service charges, just like regular wages, and are subject to payroll tax withholding.
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