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Everything You Need to Know About IRS Tip Reporting

Michelle Mire

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Tips represent a significant portion of a worker's income in the restaurant and hospitality industries. As tipped income is considered taxable income, both employees and employees have specific reporting requirements. Learn about the IRS tip reporting guidelines in this post, written for the Toast Restaurant Management Blog.

About the Author

As Wagepoint's Content Manager, Michelle enjoys simplifying complex payroll topics and creating engaging small business and partner content. When not at the keyboard, she enjoys chocolate, running and quality television (not always in that order).
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