Are restaurant servers supposed to report the cash tips they get? You’ll hear a lot of conflicting information out there in regard to this topic, but the server who posted the viral TikTok video ...
A few years ago, I answered a similar question as to whether “cash is king.” The bottom line: Most servers and owners still preferred a cash tip (which they could declare or not), so the IRS likely ...
Traditionally, all tip income was taxable, and workers had to report any cash tips exceeding $20 per month to their employer. But in 2025, the One Big Beautiful Bill introduced temporary exemptions: ...