Tag: tip reporting

Restaurant bookkeeping is more complex than typical small business accounting. Learn the five core tasks, payroll processing for tipped employees, cash handling procedures, and theft prevention strategies that protect your bottom line.

The FICA Tip Credit gives restaurant employers a dollar-for-dollar reduction in federal income tax for FICA taxes paid on employee tips. Here is exactly how to calculate it, claim it, and navigate the 2025 rule changes that affect every tipped employer.