My post in #22 is about the new requirement that credit card companies report each person’s credit card purchases to the IRS.
Very few people know about this. It’s a stepping stone to the cashless society.
http://www.freerepublic.com/focus/f-news/2470979/posts
Not sure how to post the form here, but here is the link to the draft IRS document: http://www.irs.gov/pub/irs-dft/f1099k—dft.pdf
Maybe I'm thick, but why would tips to servers on credit card transactions suffer because of this? Merchants have paid merchant charges which are written off as an expense all along.