Current Federal Tax Developments

Keeping CPAs Up to Date on Tax Matters

A site devoted to articles on current developments in federal taxes geared toward CPAs in tax practice.

  • Updates
  • Video and Audio Weekly Updates
  • Email Updates
  • About
  • Upcoming Courses

Cash from Tip Box Divided Between Volunteer Workers Subject to FICA Tax in IRS's View

April 23, 2018 by Ed Zollars, CPA

The distribution of cash from tip boxes to volunteer workers is subject to FICA taxation per the analysis in Chief Counsel Advice 201816010.  The memorandum determined the payments met the definition of tips found in Revenue Ruling 2012-18.

Image copyright flynt / 123RF Stock Photo

Read More
April 23, 2018 /Ed Zollars, CPA
3111
Comment
US_UK_Apple_Podcasts_Listen_Badge_RGB.jpg
Listen via Google Podcast or your favorite podcast application on your phone
Mastodon acccount for Ed Zollars

Copyright © 2025 Thomas, Zollars & Lynch, Ltd., All Rights Reserved

Powered by Squarespace