Article: Restaurant Employee Tip Tracking Easier Through A Point Of Sale System
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Restaurant Employee Tip Tracking Easier Through A Point Of Sale System
Restaurant Employee Tip Handling
The History Of Restaurant Employee Tip Handling
No one knows when tipping began. But we do know that in the 1980's the IRS levied new regulations on restaurant owners to track the tips received by the employees of the restaurant.
The magic number of 8% became the benchmark for servers and waiters to declare as their tipped earned. Not because it was accurate. Rather, because it was the minimum amount allowed by the IRS.
The trick is this. Tipped employees in restaurants are generally not paid minimum wage. The amount varies from state to state but it runs between $2.15 to $3.15 per hour. The IRS assumes that the tips received will make up the difference between this low hourly amount and the true m...
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