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| *Loan,banking and credit>>>tax tips |
Do you think a tip for good service should be taxed or do you consider it a gift ? |
Do you think a tip for good service should be taxed or do you consider it a gift ? I would consider it a gift,enough things are taxed already! Unfortunately, in the eyes of the IRS, "gifts" are taxed at an even higher rate than income! Personally, I view tips as compensation, and so does Uncle Sam. And how many servers out there actually report all of their tip income? I think that everybody should get a liveing wage and the resturant owners should be taxed double as tips subside the slave labor pay that resturants get away with. |
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