Do Your Employees Receive Tips? You May Be Eligible For The FICA Tax Credit

Are you an employer who owns a business where tipping is customary for providing food and beverages? You may qualify for the FICA tax credit involving the Social Security and Medicare (FICA) taxes that you pay on your employees’ tip income. How the Credit Works The FICA tax credit applies with respect to tips that … Continue reading “Do Your Employees Receive Tips? You May Be Eligible For The FICA Tax Credit”