Rapidcreek@lemmy.world to politics @lemmy.world · 1 month agoAt massive Vegas rally, Harris energizes Democrats, pledges to end tax on tips - The Nevada Independentthenevadaindependent.comexternal-linkmessage-square47fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkAt massive Vegas rally, Harris energizes Democrats, pledges to end tax on tips - The Nevada Independentthenevadaindependent.comRapidcreek@lemmy.world to politics @lemmy.world · 1 month agomessage-square47fedilink
minus-squareFinnFooted@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month agoThose people already aren’t paying taxes on tips. When I waitressed, I reported all of my tips and ended up owing so much at tax season. When I complained, everyone asked me why I was reporting my tips.
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkarrow-up0·1 month agoNowadays, a lot of taxes are being paid on tips because they happen on the payment terminals. If you get audited on those and didn’t pay them it’s a slam dunk win for the IRS. So a change like this could be somewhat substantial now.
minus-squareFinnFooted@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month agoCould be. I worked at a diner with a credit card minimum, so lots of cash.
Those people already aren’t paying taxes on tips. When I waitressed, I reported all of my tips and ended up owing so much at tax season. When I complained, everyone asked me why I was reporting my tips.
Nowadays, a lot of taxes are being paid on tips because they happen on the payment terminals.
If you get audited on those and didn’t pay them it’s a slam dunk win for the IRS.
So a change like this could be somewhat substantial now.
Could be. I worked at a diner with a credit card minimum, so lots of cash.