florida chauffeur
my company collects the gradtuity and pays by the hour all is added in one week check and taxed is this legal to tax my graduity as well? ex... reg.40 + service (Grad) = total is taxed is this legal to tax on the Gross pay? or should i just be getting taxed on hourly rate.
Asked on 12/03/07, 2:44 pm
1 Answer from Attorneys
Thomas Shigo
The Shigo Law Firm, P.A.
Re: florida chauffeur
This is a proper way for you and your employer to report and pay taxes on your hourly wages and tips. Tips are income subject to income taxes. Tips over $20.00 in any month is income that isalso subject to withholding and employment taxes.
Answered on 12/05/07, 2:38 pm
Related Questions & Answers
-
Taxes I have a friend that won a 1955 chevy . the company that gave it to him... Asked 10/06/07, 3:50 pm in United States Florida Tax and Taxation Law