Taxing tips
I am a licensed cosmetologist in Colorado, I noticed my boss was taxing my tips that were paid via check or credit card. Is this proper procedure? If so what should I claim at the end of the year?
Asked on 12/17/00, 1:04 pm
1 Answer from Attorneys
Richard Schroeder
Richard O. Schroeder, Counselor At Law
Re: Taxing tips
You must pay taxes on all income received, including tips.
Answered on 12/29/00, 11:56 am