by Heimlantz | Sep 25, 2019 | The HeimLantz Advisor Newsletter, Volume 3 Issue 3
Anyone who collects tips must include those tips in their taxable income. This requirement is not limited to waiters and waitresses; it applies to anyone who collects tips, including taxicab, Uber, Lyft, and similar drivers; beauticians; porters; concierges; and...
by Heimlantz | Sep 25, 2019 | The HeimLantz Advisor Newsletter, Volume 3 Issue 3
October 2019 Individual Due Dates October 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during September, you are required to report them to your employer on IRS Form 4070 no later than October 10. Your...
by Heimlantz | Sep 25, 2019 | The HeimLantz Advisor Newsletter, Volume 3 Issue 3
Growing your business to the point that you need to start hiring employees is exciting. It’s also rife with administrative burdens that you don’t want to be unprepared for. When taking on a new hire, you need more than 1) the assurance your cash flow is sufficient to...
