Employee tip-reporting procedures. Each Establishment will establish a procedure or procedures under which a written or electronic statement is prepared and processed on a regular basis (no less frequently than monthly), reflecting all tips for services attributable to each Employee. These procedures are to enable Employees to meet their reporting requirements under section 6053(a) of the Code. An Employer may provide different procedures for cash and charged tips, as well as for directly tipped and indirectly tipped Employees. IRS Publication 1875, Tips on Tips for employers in the food and beverage industry, includes an example of an acceptable TRAC statement that an employer can use for both directly and indirectly tipped Employees.
Appears in 4 contracts
Samples: Tip Reporting Alternative Commitment (Trac) Agreement, Tip Reporting Alternative Commitment (Trac), Tip Reporting Alternative Commitment
Employee tip-reporting procedures. Each Establishment will establish a procedure or procedures under which a written or electronic statement is prepared and processed on a regular basis (no less frequently than monthly), reflecting all tips for services attributable to each Employee. These procedures are to enable Employees to meet their reporting requirements under section 6053(a) of the Code. An Employer The Business or Establishment may provide different procedures for cash and charged tips, as well as for directly tipped and indirectly tipped Employees. IRS Publication 18753144, Tips on Tips for employers in the food and beverage industryemployers, includes an example of an acceptable TRAC statement that an employer can use for both directly and indirectly tipped Employees.
Appears in 2 contracts
Samples: Tip Reporting Alternative Commitment, Tip Reporting Alternative Commitment
Employee tip-reporting procedures. Each Establishment will establish a procedure or procedures under which a written or electronic statement is prepared and processed on a regular basis (no less frequently than monthly), reflecting all tips for services attributable at- tributable to each Employee. These procedures are to enable Employees to meet their reporting requirements under section 6053(a) of the Code. An Employer may provide different procedures for cash and charged tips, as well as for directly tipped and indirectly tipped Employees. IRS Publication 1875, Tips on Tips for employers in the food and beverage industry, includes an example of an acceptable TRAC statement that an employer can use for both directly and indirectly tipped Employees.
Appears in 1 contract
Samples: Tip Reporting Alternative Commitment (Trac) Agreement
Employee tip-reporting procedures. Each Establishment will establish a procedure or procedures under which a written or electronic statement is prepared and processed on a regular basis (no less frequently than monthly), reflecting all tips for services attributable to each Employee. These procedures are to enable Employees to meet their reporting requirements under section 6053(a) of the Code. An Employer may provide different procedures for cash and charged tips, as well as for directly tipped and indirectly tipped Employees. IRS Publication 18753144, Tips on Tips for employers in the food and beverage industryemployers, includes an example of an acceptable TRAC statement that an employer can use for both directly and indirectly tipped Employees.
Appears in 1 contract
Samples: Tip Reporting Alternative Commitment
Employee tip-reporting procedures. Each Establishment will establish a procedure or procedures under which a written or electronic statement is prepared and processed on a regular basis (no less frequently than monthly), reflecting all tips for services attributable at- tributable to each Employee. These procedures are to enable Employees to meet their reporting requirements under section 6053(a) of the Code. An Employer may provide different procedures for cash and charged tips, as well as for directly tipped and indirectly tipped Employees. IRS Publication 18753144, Tips on Tips for employers in the food and beverage industryemployers, includes an example of an acceptable TRAC statement that an employer can use for both directly and indirectly tipped Employees.
Appears in 1 contract
Samples: Tip Reporting Alternative Commitment (Trac) Agreement
Employee tip-reporting procedures. Each Establishment will establish a procedure or procedures under which a written or electronic statement is prepared and processed on a regular basis (no less frequently than monthly), reflecting all tips for services attributable at- tributable to each Employee. These procedures are to enable Employees to meet their reporting requirements under section 6053(a) of the Code. An Employer The Business or Establishment may provide different procedures for cash and charged tips, as well as for directly tipped and indirectly tipped Employees. IRS Publication 18753144, Tips on Tips for employers in the food and beverage industryemployers, includes an example of an acceptable TRAC statement that an employer can use for both directly and indirectly tipped Employees.
Appears in 1 contract
Samples: Tip Reporting Alternative Commitment (Trac) Agreement