Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats
by FireBeyond on Saturday September 26, 2020 @08:55PM
(#24603361)
Kinda. If you document your tips in a manner acceptable, you're taxed on those. If you don't document, then there's effectively a "standard assumption", in cash-heavy or tip-heavy/driven jobs.
The flip side of this is that many servers don't document because, well, they make above the standard assumption.
The flip side of this is that many servers don't document because, well, they make above the standard assumption.