Online Payment Agreements, a brief update. Prerequisite for any payment alternative. Collection Information Statements: Your guide to the appropriate payment option. Selling or refinancing property when there's a tax lien.
This webinar helps employers and employees understand their responsibilities regarding tip reporting, tips and service charges, Revenue Ruling 2012-18 and Form 8027, Employer's Annual Information Return of Tip Income and Allocated Tips.
Employers should remind their employees that all tips received are taxable. They should report their tips to their employer. The best way to do this is to use IRS Form 4070, Employee's Report of Tips to Employer, or a similar statement.