IRS Explains the Differences between Tips and Service Charges
admin2017-07-03T15:57:42+00:00Employers in the restaurant, hotel, casino and other service industries must comply with laws associated with tips, including the Fair Labor Standards Act and the Internal Revenue Code. To assist them, the IRS issued Fact Sheet 2017-8 that explains the differences between tips and service charges for tax purposes. Are the Payments Discretionary? The IRS [...]