IRS targets waiter tips with new tax rules in 1980s era move
After months of debate the IRS issued final rules to raise about 1 billion dollars yearly by requiring bars and restaurants with 11 or more staff to allocate tips among workers if reported tips fall below 8 percent of sales. The rule presumes most waiters earn at least 8 percent tips and could force papers to justify low tips.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
Jeffrey Prince
National Restaurant Association
Bob Juliano
Hotel and Restaurant Employees and Bartenders Union
IRS
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