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Q: What is the tax-reporting requirement for cash tips?
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What are a few tips on increasing one's business cash flow?

There are many tips to know on increasing one's business cash flow. One can increase their business cash flow by utilizing advertising and developing good employee relations.


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There is no age requirement.


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Another word for tips the cash given to servers in a restaurant?

gratuity


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Cash flow budget is prepared to predict the cash requirements in future so that whenever extra cash require it could be arranged before the requirement and vice-versa.


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Margin requirement


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One of my coworkers insist tips are concidered income and therefor included in the "gross" from which the deferral % is calculated. I believe tips are not included, and only the actual gross hourly wage paid by the company is used. who is correct?

Tips are counted as part of your income. You must report your tips so that it will be included into your gross amount. If you do not claim cash tips the IRS has the right to charge you back up pay to the IRS. It is considered FRAUD to not account for your cash tips. So your friend is correct.


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