Rapidcreek@lemmy.world to politics @lemmy.world · 2 months agoAt massive Vegas rally, Harris energizes Democrats, pledges to end tax on tips - The Nevada Independentthenevadaindependent.comexternal-linkmessage-square49fedilinkarrow-up1213arrow-down19
arrow-up1204arrow-down1external-linkAt massive Vegas rally, Harris energizes Democrats, pledges to end tax on tips - The Nevada Independentthenevadaindependent.comRapidcreek@lemmy.world to politics @lemmy.world · 2 months agomessage-square49fedilink
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkarrow-up6·2 months agoNowadays, a lot of taxes are being paid on tips because they happen on the payment terminals. If you get audited on those and didn’t pay them it’s a slam dunk win for the IRS. So a change like this could be somewhat substantial now.
minus-squareFinnFooted@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoCould be. I worked at a diner with a credit card minimum, so lots of cash.
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkarrow-up1·edit-22 months agoAlso all the more reason to tip in cash instead of machine if you want to help your server out more.
Nowadays, a lot of taxes are being paid on tips because they happen on the payment terminals.
If you get audited on those and didn’t pay them it’s a slam dunk win for the IRS.
So a change like this could be somewhat substantial now.
Could be. I worked at a diner with a credit card minimum, so lots of cash.
Also all the more reason to tip in cash instead of machine if you want to help your server out more.