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Leaving some change on the restaurant table is one way of giving a gratuity to the restaurant staff. A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service.
Mandatory tipping (also known as a mandatory gratuity or an autograt) is a tip which is added automatically to the customer's bill, without the customer determining the amount or being asked. It may be implemented in several ways, such as applying a fixed percentage to all customer's bills, or to large groups, or on a customer-by-customer basis ...
Plaintiffs admitted that gratuity on their income tax returns, but did not include it as income because it was a gift. The tax commissioner decided that it was income and assessed a tax deficiency, which plaintiffs paid, and thereafter filed a claim for a refund. Defendant denied that claim.
Workers who receive cash tips get them the same day, which can be an advantage. Note that tipped workers are expected to keep track of tips and pay taxes on the money they receive.
Tipping can be stressful and often involves complicated mental math. To make matters worse, there are also no clear-cut rules on who to tip, when to tip and how much of a tip to leave. The proper...
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The argument that wages, tips and other compensation received for the performance of personal services are not taxable income, the argument that such items are offset by an equivalent deduction, the argument that a person has a "basis" in his or her labor equal to the fair market value of the wages received, and variations of these arguments ...
Legal settlements: If you receive a legal settlement, the amount you receive may be considered taxable income. Scholarships: If a scholarship is awarded to you to cover tuition fees, books and ...