Tip reporting: What you need to know about filing IRS Form 8027 for 2017
As you tie up loose ends on your 2017 records in preparation for filing taxes, don’t forget about your tip-reporting paperwork. Many large food and beverage operations are required to file an annual report of gross receipts and tips with the Internal Revenue Service, and for some, to allocate tips to certain employees for the 2017 calendar year. (National Restaurant Association)
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