Difference between revisions of "Annual Taxes - Humor In The Drudgery"
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Revision as of 12:32, 12 November 2024
After all the festivities, laughter, and gift giving for the holidays, giggles and grins quickly meld into groans and glowers as Income tax Preparation Season rears its ugly sight. From January 15th until April 15th, Americans fuss and fume about our increasing income taxes. Nevertheless, in an odd sort of way, some must like the gloom since they'll file for an extension, prolonging the agony of the inevitable.
The employer probably pays the waitress a minuscule wage, and allowed under many minimum wage laws because she's got a job that typically generates details. The IRS might therefore argue that my tip is paid "for" the business. But I am under no compulsion to leave the waitress anything. The employer, on the other hand hand, is obliged to pay the services his workers render. Liked working out don't think the exception under Section 102 employs. If the tip is taxable income to the waitress, it's under the general principle of Section sixty one.
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