If no tax on tips passes. We are dropping standard tip from 20% to 10% right?!

likefunnyhelpfulsmart
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

You can tip what ever you want

like

I know. And I tip what is customary at least as people work for and expect it. Not because I love every server I get. But customary needs to change

like

This ill conceived policy will hurt more people than it helps. Regardless, do OF tips received come under this tax exemption?

funny

EY 6. Only Farmers. Similar to farmers only .com. But different.

Recent IconRecent

We are reclassifying bonuses as gratuity

likefunnysmart

The tax code has lot of ridiculous stuff in it. It's so big at this point I'm not really to worried about this. And yes it will be gamed somehow.

like

We should just get rid of tip wages and get rid of tipping all together. I hate that everywhere asks for tipping now and they look offended when I don’t want to tip someone making more than minimum wage. Servers don’t make much and rely on it and they are the only ones that should be getting it until they get paid fairly from their own employers.

likesmart

At high-end restaurant servers make well into six figures

like

We could just pay service workers a living wage.

like

We’re dropping no tip to no tip

likefunny

Preach bro/sis

like

Not like most people claim all their tips anyways

like

Most tips are paid using credit cards so would have shown up on your W-2 automatically. No one ever claimed tips being paid in cash to begin with.

When you select the tip option, the 3 options are now going to be 28%, 30%, and 33%. Inflation is real gents

likesmartfunny

The chip percentage should never be increased and I agree if these people are now gonna get it all tax-free I’m going back to 15%

Can we add a gratuity line in the SoW?

like

The amount of tip requests is about jump. Can I add it to my corporate signature?

We’re not a typical tip receiving occupation. So no

like

I agree.

That’s fair

It's not passing

No

Tax law is… smh

It’s going to be limited to the hospitality industry. With AGI limits and limits on the amount you can exclude.

But is this even realistic everything he said

Still paying my 20%. I only go out or use delivery app 4times each month so basically once a week. I think that’s fair. See like most people go out a lot.

Related Posts

Google keyboard for iPhones is pretty cool, but mega annoying in the wrong hands.

like

How much does a biomedical bench tech make in Toronto area?

like

Thoughts on specialty life insurance? I don’t have my LLQP. This is based in canada. They are offering paid training

like

Hi fishes, my friend recently had a bitter experience with Dish Network. So her profile was shortlisted and they asked few questions over email. It did take good 2hrs to answer and she replied back. HM said we are good to go for interview and sent an invite. On the day of interview nobody turned up, neither they gave an update later. She did follow up for a couple of days but no response. Is there any reason why this happens ? Me being in HR field felt this to be a little unprofessional.

like

Where do you guys volunteer in the community? Looking to volunteer and hoping to get your thoughts on some great organizations!

like

What’s the standard RTO (return to office) plan for MBB as of now?

like

Referrals for Miami biglaw commercial litigation positions?

like

What is hierarchy level in PWC AC for manager . I heard within Manager grade there are 3 level ?? Which is highest level .

like

Anybody left Tata Consultancy on or around 24th November? Have you got your FFS?

like

Hi - wanted to check if someone have any links which i can refer to.
I have been into techno functional BA role, where i was working more on implementation and using sql to query data and comeup with analysis.
Now, after I switched I need to create SRD/FSD from BRD and also mapping documents for the same.

Is there any way where i can go through any videos and understand the concept of writing it down?

like

Single guy living in streeterville for the past couple of years and now very ready to move to some place a little quieter/ much cheaper / easier access to downtown. I have a car and probably looking to spend 12-13,00 a month for rent etc. so does it have to be suburbs?

like

Always painfully funny lol

Post Photo
likefunny

Anyone know of going freelance copywriter rates in Tennessee?

like
like

Is anyone looking for a pair of tickets to Young The Giant at Red Rocks tomorrow night? Have a pair of reserved seats I can't use and don't want them to go to waste. Should be an awesome show.

like

How much would having the cfa help with an application to a top tier program?

likesmart

While hype is on the squeeze what else are folks looking on buying on the dip?

like

December layoffs anywhere?

like

At this point in the game it doesn't make a difference where you at everybody is getting laid off at one point or another the only thing I say is try to repair yourself for it if it happens to you

like

I just started a new job as a Director. I’m the only black person in management on my accnt. It’s really hurtful but the other managers try to tell me what my job is and what I should be doing (Cont.)

like

Additional Posts in Accounting

When #howshouldweaccountforme posts your submission 😆

like

has anyone ever left a company after taking tuition assistance without staying for the required time frame. did you pay back the full amount and if not, did they further pursue? asking for a friend

like

For those who moved from a client serving role to an internal role in public accounting while at a fairly high level (experienced manager or senior manager), did you take a pay cut or does your pay stay flat when you transition with minimal increases in subsequent years? Also what role are you in now? I really like EY and the company. I’d like to look at moving to an internal role but I’m worried I’ve priced myself out (currently at around 140k comp in LCOL).

like

Anyone have any good book recommendations around building passive income sources/building wealth?

like

There's a ton of self help and leadership books out there to help people in their careers. If there was one that was written front the lense of a public accounting, would you read it?

likehelpful

Halloween is all about dressing up as something you're not, so I dressed up as a happy accountant with an engaging and fulfilling career. What are you all dressed up as?

like

Morale is low rn on my team. Superstar team members have left the firm, and more members are trying to leave before busy season because we’ve had to pick up the slack. How to still stay motivated?

like

Is it bad to follow up after you counter a offer?

like

What did you learn this year?

like

Beyoncé - too much for me.

like

About to host my first Airbnb guest! I'm scared. Hopefully I'll be safe and sound. :/

like

Team is already talking about eating hours. My utilization is down cause I was in unassigned for a month in Dec/Jan. What's worse pissing off the partner or having a low utilization? -staff 1

like

Am I spelling my name right? Formatting tips appreciated. PwC OP, B.S, M.S., CPA, CFA (level 1 candidate), CMA, CFE, CISA, GOD

funnylike

Which Big 4 firms have unlimited PTO?

like

Left PA for industry during pandemic. Considering going back to PA, seems like there is a need in my market... Any insight into what top 8 PA firms are paying to lure corp tax managers? CPA, 7+ years exp. Looking for ballpark in MCOL area.

like

Did DT really announce mid year increase today? Any other firms gonna follow suit I wonder

like

When taking an exam for the cpa, is it done on a computer with a keyboard with a numpad and you do all your calculations on an onscreen calculator? Or is it done pencil and paper? Trying to decide on a new personal laptop and wondering if I should get one with a numpad to get used to punching in numbers or just a small one without it.

like
like

KPMG’s 401k plan allows after-tax contribution and in-plan Roth conversions. What about Deloitte, EY, and PWC?

likehelpful

Question for my friend at KPMG. Her MDs and Partners have been directing her to eat her hours. If she charges over 45 hours she will get emails from management and when she charges over 65 she got a call from a PPMD. I work at deloitte and have never been told to do this and thought it honestly was illegal. Thoughts? It doesn’t seem right that she’s having to eat those hours and feel scared when she’s working til 10/12 every night.

likefunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal