{"id":1729,"date":"2014-03-19T16:14:16","date_gmt":"2014-03-19T21:14:16","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=1729"},"modified":"2014-03-19T16:14:16","modified_gmt":"2014-03-19T21:14:16","slug":"important-reminders-about-tip-income-2","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=1729","title":{"rendered":"Important Reminders about Tip Income"},"content":{"rendered":"<p><a href=\"http:\/\/hoorfarlaw.com\/blog\/wp-content\/uploads\/2014\/03\/tip-jar.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-1730\" style=\"width: 164px; height: 169px;\" alt=\"tip jar\" src=\"http:\/\/hoorfarlaw.com\/blog\/wp-content\/uploads\/2014\/03\/tip-jar-150x150.jpg\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p>-Tips are taxable. You must pay federal income tax on any tips you receive. The value of non-cash tips, such as tickets, passes or other items of<br \/>\nvalue are also subject to income tax.<\/p>\n<p>-Include all tips on your return. You must include the total of all tips you received during the year on your income tax return.<\/p>\n<p>-Report tips to your employer. If you receive $20 or more in tips in any one month, from any one job, you must report your tips for that month to your employer.<\/p>\n<p>-Keep a daily log of tips.<\/p>\n<p>For more information, check out Internal Revenue Service Issue Number: IRS Tax Tip 2014-16.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>-Tips are taxable. You must pay federal income tax on any tips you receive. The value of non-cash tips, such as tickets, passes or other items of value are also subject to income tax. -Include all tips on your return. &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=1729\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[296,229,146,16,348,241,430],"class_list":["post-1729","post","type-post","status-publish","format-standard","hentry","category-general","tag-camron-hoorfar","tag-hoorfar-law","tag-internal-revenue-service","tag-irs","tag-law-office-of-camron-hoorfar","tag-tax-tip","tag-tip-income"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1729"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1729\/revisions"}],"predecessor-version":[{"id":1731,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1729\/revisions\/1731"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}