Reporting Tip Income
Today is World Bartender Day! Bartenders like many others in the service industry survive on tips. Tips are considered part of their pay so you guessed it they're taxable. If you are a bartender, server or employer and have employees that receive tips, read on to learn the skinny on tips and taxes: Tips your employees receive from customers are generally subject to withholding. Employees are required to claim all tip income received. This includes tips you paid over to the e