AccountantsWorld Daily News Guide for Reporting Tip Income by Employers & Employees (CPA Practice Advisor) - Employers and employees in the service industries that involve tipping need to comply with a unique set of tax rules. Like wages, you must pay income tax, Social Security tax and Medicare tax on tip income. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES 5 Tips for Effective Not-for-profit Board Oversight (JofA) - In a way, board oversight has the same impact on a not-for-profit organization that parenting has on a child. Performed effectively, board oversight provides the framework for the organization to grow and prosper. Easy Money? Private Capitalâs Drawbacks (CFO) - Private capital providers are fighting to finance middle market firms. But finance chiefs should proceed with caution. The Real Estate Trade or Business Exception from IRC Section 163(j) (CPA Journal) - The scope of the exception for taxpayers engaged in a real estate trade or business from the harsh consequences of Internal Revenue Code (IRC) section 163(j) remains uncertain, even in the aftermath of the issuance of proposed regulations under that section. In particular, the scope and definition of what constitutes âreal estate trade or businessâ remains unclear... The Best eReaders for 2019 (PC Mag) - Whether you're considering joining the digital book revolution, or just want a new device to replace an older one, here are the best ebook readers on the market today. Taxation Guide for Reporting Tip Income by Employers & Employees The Real Estate Trade or Business Exception from IRC Section 163(j) Accounting/Audit 5 Tips for Effective Not-for-profit Board Oversight Easy Money? Private Capitalâs Drawbacks An Oregon man beat cancer. Twice. Then he won $4.6 million in the state lottery Business News Saudis Face Lengthy Oil Halt With Few Options to Fill Gap With trade war looming, will shoppers spend more this holiday season? | TOP 5 MOST READ Itâs Not Just Uber, California Bill Could Transform Tricky Tax And Legal Rules On Independent Contractors Lesson From The Tax Court: Administrative File Notes Are Not Ex-Parte Contact Problem Solvers: How to Offer Tax Resolution Services Tax Dodgersâ âPhantomâ Cash Makes Up 40% of Foreign Investment Book Big Travel Deductions for Clients TOOLS OF THE TRADE Financial Calculators Business Forms & Letters e-BREAKS Ellen Calls H and R Block | This is not unsolicited mail. As a part of our commitment to help accountants advance their practices we offer the widest range of the most useful tools and resources FREE to accountants. As a term of membership, you agreed to receive such communication. However, if you wish to unsubscribe to this service, please click on the unsubscribe link. Privacy | Click Here To Unsubscribe |Feedback © Copyright 1999-2011 AccountantsWorld LLC. 140 Fell Court, Hauppauge NY - 11788, USA. All rights reserved. |