Taxes From A To Z (2014): T Is For Tip Income

T is for Tip Income. All tips you receive – whether by cash, included on a credit card or as part of a tip-sharing arrangement – are reportable as income and are subject to federal income tax. For tax purposes, tips also include items which are not as traditional as cash, [...]

Taxes From A To Z (2014): T Is For Tip Income

#FederalIncomeTax, #TipIncome