My employer does not take tax from my wages, but they are taking taxes out of my tips. Is this correct?
I am supposed to file any tips that I didn’t report to my employer on my federal tax return. I work at a grocery store, and sometimes help customers out with their groceries. Every now and then a nice old lady will give me 50 cents or a dollar. I don’t know exactly how much I would have made from this last year, probably only about $5. How should I handle this on my return?
Thanks.
I’m 100% sure that it is an amount less than $20, but I believe that I still have to report it as it affects my adjusted gross income.
When people tip in cash I get to take it under the table but when people tip on CC or check it shows up on my paycheck and is taxed. Is this legal in California? It doesn’t seem right.
Just like any other agencies, offices, and or establishments, tax firms should also have permanent address and as well as a permanent business place. You should also be able to pay attention on the longevity of the said tax firm. Doing this will be a great way for you to verify the age and as well as the credibility of website domain (or the tax firm). If in any case that the website domain or the tax firm was just newly created within just months, it only indicates that the tax firm is totally new and or credible enough to handle your tax liabilities.
If in any case that you have large amount of debts filling up the IRS then it only means that you are much in need of a professional and or an expert tax broker. Several tax preparation firms are more in favor of alleviating certain tax problems as a mean of the offset industry seasonality. The output of this kind of happening is specifically the fact that they will not specialize in tax problem alleviation. Usually, tax firm professionals are hired for their skills and abilities in tax alleviation but not their skills in IRS negotiations.
One great indication of a well-rounded and real-time functional tax firm is the fact that it is able to serve and or cater all your needs and wants when it comes to your tax problems or in other words, if the tax firm has an active customer service providing.
If the tax firm has customer service representatives which are greatly active in catering all your needs and wants about your tax problems then it only means that you fortunately found the right firm.
Highly-efficient tax firms must be able to answer all your phone calls and or email if in any case that they do have an email address.
My bill is with the restaurant, not the government, so why does the restaurant include the total + the tax when they calculate the suggested tip? Since tax is different in every state (or even different counties) and some states don’t have a sales tax, this means tips are supposed to be higher or lower in every state. This is stupid, so why do restaurants do it?
In US, do people usually count their tips or not when declearing personal income? Does government have an effective way to track this kind of all-cash income, or people just do this by morale?
What about countries in Europe?
Thnx.
whats the usual pay for waitresses. i live in ct if it helps. do they tax tips? and how bad is friendlys? i need a second job that pays student loans and the scedules arent strict. and I found out friendlys is hiring. im desperate. whats the good/bad?
I do not know much about taxes and I don’t know what to claim as expenses, can I claim gas,advertising,supplies,cell phones,business phone,office supplies,milage, running erands in my own car, business vans &up keep,as you see I am completely lost. I really don’t think H&R is going to cut it, should I get a CPA or acountant?
I started a year ago doing 2 maintianece contract work and got about $40,000.00 in 2006 and I still had not paid taxes because I didn’t know where or how to. My contract place just gave me a 1099Form. I’m single and I recently just got a regular W-2 job. I’m in Minnesota. I am afraid I will to paid an outrages amount of taxes. And also I had not been keeping receipts for the year 2006.
I purchased a house last year and am unsure which expense are tax deductible. Can anyone give me tips or point me to a website that provides this information?