H.R. 1139: Tax Free Tips Act of 2011 Sponsored by Ron Paul

Ron Paul Tax Free Tips Act112th Congress: 2011-2012, Sponsored March 16th, 2011 To amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes. Dr. Ron Paul has been a proponent of tax free tips for a long time. [...]

Bar Magic Tricks, Stunts & Pranks

Practical Bar Magic, includes tried and tested magic tricks from years of working as a professional restaurant magician. Over one hour of epic, memorable, Bar Magic. Learn how to do tricks with props found behind your bar… [...]

Tips & Taxes – The misconception about IRS tip reporting.

There is a misconception that servers are required to report their tips as at least 8% of their sales revenue. 8% is simply a bottom line that the IRS uses when attempting to determine how much a server earned in tips over the year. The IRS does not expect to be paid 8% of a server’s sales as tax – that would be akin to taxing the customer for their bill… [...]

Verdict: Restaurant’s Tip Pooling Arrangement Does Not Violate FLSA

Many restaurants require servers to participate in a “tip pooling” arrangement. This policy requires tipped employees to share a portion of their tips with host employees, bussers, or kitchen staff. A new decision from the Ninth Circuit Court of Appeals refused to declare standard tip pooling arrangements as a violation of the minimum wage provisions of the Fair Labor Standards Act. [...]

IRS Cracking Down on Tip Reporting

The IRS figures the food and beverage business should be sending in some 200,000 tip disclosure forms every year. But only about a quarter ever show up. The IRS wouldn’t go on the record, but said it recently hired an outside contractor to identify slackers and that it’s conducting more audits… [...]

Annual & Holiday Tipping

It’s an annual dilemma: What’s an appropriate holiday tip for the people who serve you throughout the year? Etiquette expert Peggy Post recommends a gift of a week’s to a month’s pay for full time help like a nanny; and the cost of at least one visit for people who provide a regular, less frequent service, such as a hairstylist. But you probably also want to keep in line with what your neighbors are giving so you don’t look like a tightwad… [...]

 
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