Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Bullish

Like I posted earlier in the thread, the Club declares a certain amount per week and has it taxed.

A gift is a gift and I’m ok w/ the irs.


89 posted on 03/05/2025 3:11:56 PM PST by FLNittany
[ Post Reply | Private Reply | To 85 | View Replies ]


To: FLNittany
"the Club declares a certain amount per week and has it taxed."

AFAIK, that's how taxes on cash tips are handled everywhere, right? I wonder if the people who have taken issue with your post realize that.

I bussed tables at a restaurant when I was young, back when everyone tipped with cash. The waitresses had to share a portion of their tips with us. But, for tax purposes, the restaurant only estimated what we received in tips, so we were taxed on the estimated amount. I doubt anyone on a wait staff (or anywhere else) would report they received more than the estimated amount. LOL. I'm laughing at the thought that anyone who received an extra $100 in cash would report it to the boss to be added to their taxed wages.

To everyone who has taken issue with you here: I ask them to think about all the ways they have earned cash without reporting it: Babysitting? Yard sales? Many people have worked 'under the table' at some point in their lives. People make cash transactions with each other all the time that they never report.

91 posted on 03/06/2025 3:09:44 AM PST by Tired of Taxes
[ Post Reply | Private Reply | To 89 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson