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Get the free Tip Sheet: Purpose of an Op-EdSBMToolkit

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Take Action: Read an OpEd What is an OpEd? OpEds are a type of opinion article, or editorial, written by members of the public. Writing an OpEd allows you to publish your opinions about the issue
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Gather all the necessary information related to the topic or event for which the tip sheet is being filled out.
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The tip sheet is designed to help employees report their tips accurately for tax purposes.
Employees who receive tips as part of their income are required to file the tip sheet.
To fill out the tip sheet, you must document the total tips received, track daily tips, and summarize the information for reporting.
The purpose is to ensure that all tipped income is reported and taxed appropriately, avoiding tax evasion.
The tip sheet must report total tips received, dates when tips were earned, and the nature of the services provided.
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