The Taxing New IRS Rule for Tipped Employees

Servers in restaurants are required to report all their tips to the IRS.  And operators are obligated to report no less than 8% of each server’s sales as income for every pay period.    So it’s been for eons, unchanged even since I waited tables way back in the day.  That is, until June 2012 rolled…

Tax Day – Inevitable & Unavoidable

Tax Day. It’s inevitable. Unavoidable. It lingers in the back of your mind and, if you are anything like me, you let it simmer there as long as possible before facing it. The pile of forms and the even-bigger pile of tax laws—some apply to you and some don’t, and just figuring that part out…