A glass jar labeled "TIPS thank you" with coins and dollar bills inside, serving as a perfect way to collect tips, against a light blue background.

4 Quick Tax Tips Regarding Tip Income

If you work as a restaurant server, hostess, or in another industry where you rely on tips as your primary source of wages, you need to make sure you’re reporting your tip income accurately to the IRS. The IRS needs to know about all of your income sources – whether the tips come in the […]

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