Wednesday, October 31, 2007

Your Waiter/Waitress Is NOT Stupid

Heh.

There continues to be a "severe compliance problem in the tip reporting area," Wendy Campbell, Senior Stakeholder Liaison, IRS Small Business/Self-Employed Division, announced at the October 24th IRS phone forum on the Attributed Tip Income Program and the Code Sec. 45B credit. In addition to compliance statistics, Campbell discussed the various requirements for reporting tip income, as the well as the credit for taxes paid by employers with respect to tip income. --A Business Newsletter

Actually, Wendy, there is a "severe compliance problem in the Congressional Spending area."

I know that's not the IRS' fault.

But don't think that your wait-staffer is stupid. THEY don't feed the Beast.

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