Partnerships. File a 2022 calendar year return (Form 1065). This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see Partnerships under March 15, earlier. Provide each partner with a copy of their final or amended Schedule K-1 (Form 1065) or substitute Schedule K-1 (Form 1065) and, if applicable, Schedule K-3 […]
Employees who receive cash tips of $20 or more in a calendar month while working for you are required to report to you the total amount of tips they receive. The employees must give you written reports by the tenth day of the following month. Employees who receive tips of less than $20 in a […]
How to Sweeten Financial Lessons for Kids Make the most of Halloween by combining fun with financial education. Halloween candy presents an opportunity for parents to teach important lessons about budgeting and taxes to their kids. Give your kids a valuable lesson about money with a Trick-or-Treat Tax Lesson. Trick-or-Treat Tax Lesson Once your […]
Happy International Accounting Day! Accounting, often called “the language of business,” has been around for about 7,000 years. The earliest form of accounting involved the use of clay tokens to record and track goods. Throughout history, accounting underwent significant changes, especially during the Roman Empire and Middle Ages. Luca Pacioli, a 15th-century Italian mathematician […]
Veterans Day is a day to honor and celebrate the brave men and women who have served our country in the military. Today is a day to honor their sacrifices and show ongoing support for them and their families. Show your appreciation for the veterans in your life on Veterans Day. Whether it's a family […]
Employees who receive cash tips of $20 or more in a calendar month while working for you are required to report to you the total amount of tips they receive. The employees must give you written reports by the tenth day of the following month. Employees who receive tips of less than $20 in a […]
Celebrate the Festival of Lights: Hanukkah is Here! ✨ Join in the eight-day celebration of Hanukkah, a joyous time filled with traditions, delicious food, and the warm glow of the menorah. This year, Hanukkah begins on Sunday, December 7th and lasts until Monday, December 15th. Gather your loved ones and share in the following traditions: […]
Employees who receive cash tips of $20 or more in a calendar month while working for you are required to report to you the total amount of tips they receive. The employees must give you written reports by the tenth day of the following month. Employees who receive tips of less than $20 in a […]
'Twas the Night before Christmas... Enjoy our annual posting of The Night Before Christmas! Merry Christmas!
Report tips to the employer, unless the total is less than $20 per month per employer The Internal Revenue Code requires employees to report (all cash tips received except for the tips from any month that do not total at least $20) to their employer in a written statement. Cash tips include tips received from […]
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