Ask Question
BusinessBusiness
11 February, 00:32

In a large food or beverage establishment, on what form or schedule is any tip shortfall from a directly tipped employee recorded?

+3
Answers (1)
  1. 11 February, 04:23
    0
    A tip shortfall from a directly tipped employee should be recorded on form 8027. This form should be filed with the Internal Revenue Service (IRS) in order to account for allocated tips. This informs the IRS of tips that were unaccounted for to the server as being less than the expected (and set) percentage.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In a large food or beverage establishment, on what form or schedule is any tip shortfall from a directly tipped employee recorded? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year, management estimated that $43,625 of the accounts receivable balance would be uncollectible.
Answers (1)
Different loan rates. Winthrop Enterprises is a holding company (a firm that owns all or most of some other companies' outstanding stock). Winthrop has four subsidiaries. Each subsidiary borrows capital from the parent company for projects.
Answers (1)
Ramos Company has the following unit costs: Variable manufacturing overhead$15 Direct materials 13 Direct labor 17 Fixed manufacturing overhead 12 Fixed marketing and administrative 11 What cost per unit would be used for product costs under full
Answers (1)
An income tax is progressive if the absolute amount paid as taxes varies directly with income percentage of income paid as taxes is the same regardless of the size of income percentage of income paid as taxes increases as income increases tax rate
Answers (1)
27. ___ is a method for developing the shortest schedule when the number or amount of available resources is fixed. a. Resource evaluation scheduling b. Resource monitoring c. Resource limited scheduling d. Resource leveling
Answers (1)
New Questions in Business
Which of the following is an example of an action that is part of making a rational choice
Answers (1)
A = The amount of tangible assets contributed by the new partner into the partnership B = The amount of capital credited to the new partner C = Total Capital of the partnership before the admission of a new partner D =
Answers (1)
Purchased 18-month insurance policy for cash. Prepaid Insurance 2. Paid weekly payroll. 3. Purchased supplies on account. 4.
Answers (1)
Shanna, a calendar year and cash basis taxpayer, rents property from Janice. As part of the rental agreement, Shanna pays $8,400 rent on April 1, 2018, for the 12 months ending March 31, 2019. a.
Answers (1)
True or false? a. the total public debt is more relevant to an economy than the public debt as a percentage of gdp. b. an internally held public debt is like a debt of the left hand owed to the right hand. c.
Answers (1)
Home » Business » In a large food or beverage establishment, on what form or schedule is any tip shortfall from a directly tipped employee recorded?
Sign Up Forgot Password?