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The Charter School North Ulrich
Minutes of Local Governing Board Meeting
Tuesday 23rd September at 6pm12Governors
Sheila Shredders (TSS)
Catherine Barrows (CBS)
Lucy Hammer (LHR)
Christian Hicks (CNH)
Alex
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What is tips?
Tips are gratuities or voluntary payments given by customers to employees in addition to the amount charged for goods or services.
Who is required to file tips?
Employers are required to report tips received by their employees.
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Tips can be filled out by keeping accurate records of tips received by each employee and reporting the total amount to the IRS.
What is the purpose of tips?
The purpose of tips is to ensure that employees report all income received, including cash tips.
What information must be reported on tips?
The total amount of tips received by each employee must be reported, along with their name and social security number.
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