Why attack someone for pointing out the truth? Regardless of anyone's feelings about it or the morality of it, the IRS would absolutely consider this a tip even if it was called a gift.
The IRS knows exactly how much sales are credit card vs cash from the restaurant's point of sale. When all of a server's tips come from credit card transactions (which are automatically claimed), they can be red flagged.
I'm sure many who get cash tips don't report or under-report them. This might not be a problem for you until you're audited. The IRS knows that people in professions who get cash tips often under-report, and they have a number of ways to flag them, tools and reports to determine what they likely did earn in tips, and penalties to apply if they determine under-reporting: 20% for negligence, 75% for fraud, or even criminal charges in some cases.
I'm not defending the IRS, just saying that they have sophisticated tools and methods for identifying those they think have underreported.
But why you're jumping all over him for pointing out how they fuck us ... as if he's saying he agrees with it .. that I don't understand.
It's like going after someone for saying "careful if you go to Jan 6 they might view it as an insurrection" ... and saying "it's a peaceful gathering get fucked" ...
Pointing out the FUCKED mindset of the other side is usually a good thing and protects patriots still awakening ... especially when it's obvious he's not legitimizing [them] by describing how they fuck us, but describing it for people who don't know they fuck us that way.
The very REASON [they] are pushing for a cashless society is because they cannot track cash transactions on a private level, one of which is cash "tipping" or "gift" in this instance. IRS codes aside, I can tip 100k if I felt like it and IRS cant do jack shit because there's no way to track it and THAT pisses them off.
If that were the case, employees would work for free and their employers could give them "gifts," so their income could not be taxed. The IRS would see things differently.
I’m no fan if the IRS, but just because someone writes a note that it’s a gift, doesn’t mean it would actually qualify as a gift to the IRS.
They would 100% view this as income for a service provided if they ever found out about it.
Get fucked.
Sounds like another great reason to disband the IRS
Why attack someone for pointing out the truth? Regardless of anyone's feelings about it or the morality of it, the IRS would absolutely consider this a tip even if it was called a gift.
Nobody cares what they think or how they may consider it.
To suggest it matters is a cunt move and will be treated as such by me. Stop caring....it only gives them power.
Even if it was a cash tip, why would you report it?
The IRS knows exactly how much sales are credit card vs cash from the restaurant's point of sale. When all of a server's tips come from credit card transactions (which are automatically claimed), they can be red flagged.
Not really I have never reported cash tips and nobody I know does either.
I'm sure many who get cash tips don't report or under-report them. This might not be a problem for you until you're audited. The IRS knows that people in professions who get cash tips often under-report, and they have a number of ways to flag them, tools and reports to determine what they likely did earn in tips, and penalties to apply if they determine under-reporting: 20% for negligence, 75% for fraud, or even criminal charges in some cases.
I'm not defending the IRS, just saying that they have sophisticated tools and methods for identifying those they think have underreported.
If I must use a debit/credit card I always leave a cash tip- I usually pay cash for dining (I'm an old bartender)
We did a declare 10% of cash tips at our bar. I think a lot of places do this.
If you aren't red flagged for something at this point you're doing it wrong.
Correct.
But why you're jumping all over him for pointing out how they fuck us ... as if he's saying he agrees with it .. that I don't understand.
It's like going after someone for saying "careful if you go to Jan 6 they might view it as an insurrection" ... and saying "it's a peaceful gathering get fucked" ...
Pointing out the FUCKED mindset of the other side is usually a good thing and protects patriots still awakening ... especially when it's obvious he's not legitimizing [them] by describing how they fuck us, but describing it for people who don't know they fuck us that way.
Bullshit.
The very REASON [they] are pushing for a cashless society is because they cannot track cash transactions on a private level, one of which is cash "tipping" or "gift" in this instance. IRS codes aside, I can tip 100k if I felt like it and IRS cant do jack shit because there's no way to track it and THAT pisses them off.
If it’s a gift, it’s a gift. Period.
If that were the case, employees would work for free and their employers could give them "gifts," so their income could not be taxed. The IRS would see things differently.
True but would be a good argument. But cash is also hard to track.