Report of Tips to Employer.

Employee’s Report of Tips to Employer Do employers have to pay taxes on tips? According to the Internal Revenue Service (IRS), employers are responsible for paying taxes on employee tips. However, employers are not required to withhold taxes on tips if the employee has already reported the tips to the IRS. Do waitresses claim all … Read more

Electronic Checks: The Basics.

Electronic Checks: The Basics What are business checks called? There are many types of business checks, but the most common are called “business checks” or “accounts payable checks.” These checks are used to pay for goods and services purchased by the business. What is the difference between eCheck and ACH? An eCheck is an electronic … Read more