Salons, Barbershops, and Spas: The FICA Tip Credit Now Applies to You
For thirty years, restaurants had a tax credit that salons did not. A stylist and a server both earn tips.
FICA Tip Credit
The FICA Tip Credit for Restaurants: How It Works and Why the First Conversation Is Usually About Three Years of Money
Every restaurant owner pays the employer share of Social Security and Medicare tax on the tips their staff report. Most