J.K. Lasser Daily Tax Tips |
![]() Get the full power of J.K. Lasser with TaxACT tax software!TaxACT Deluxe comes complete with J.K. Lasser's Your Income Tax Guide, America's #1 Best-Selling tax guide. |
||||
|
Best Value!
|
|||
|
(state additional charge) |
(state return included) |
|||
* CD-ROM Orders: Add $5.95 for shipping |
Tips Must Be Reported
Tips you receive are taxable income. You must report tips to your employer so your employer can withhold FICA and income tax from your regular pay to cover the tips.
Previous Daily Tax Tips:
• 11/21/2009 - Direct Transfer From HRA to HSA
• 11/20/2009 - Reimbursed Cosmetic Surgery
• 11/19/2009 - COBRA Premium Reduction for Laid-Off Workers
• 11/18/2009 - COBRA Required Despite Other Coverage
• 11/17/2009 - Electing Immediate Tax on Restricted Stock
• 11/16/2009 - Tax Due on Option Exercise
• 11/15/2009 - Possible AMT Liability for ISO
• 11/14/2009 - Terrorist Attacks
• 11/13/2009 - Refund After Retroactive Military Disability Determination
• 11/12/2009 - Job-Related Injury or Illness
• 11/11/2009 - Is Sick Leave Tax-Free Workers Compensation?
• 11/10/2009 - Primary Purpose Determination
• 11/9/2009 - Charitable Split-Dollar Insurance
• 11/8/2009 - Repayments Exceeding $3,000
• 11/7/2009 - Penalty and Interest on Nonqualified Deferred Compensation
• 11/6/2009 - Law Violation Not Deductible
• 11/5/2009 - Earned Commissions Credited to Your Account
• 11/4/2009 - Tax on Assigned Contingent Fee
• 11/3/2009 - Tips Must Be Reported
• 11/2/2009 - Severance Pay Taxable
• 11/1/2009 - Recipients Taxed on Certain Gifts and Bequests From Expatriates
• 10/31/2009 - Departure Permit
• 10/30/2009 - Is 2009 Your First Year of Residency?
• 10/29/2009 - IRD Not Included on Decedent Final Return
• 10/28/2009 - Promptly Closing the Estate
• 10/27/2009 - Kiddie Tax May Apply to Investment Income
• 10/26/2009 - Special Separate Household Rule for Parent
• 10/25/2009 - Advantages of Head of Household Status
• 10/24/2009 - Possible Estate Insolvency
• 10/23/2009 - Reporting Income of Deceased Spouse
• 10/22/2009 - Unpaid Tax on Correct Return
• 10/21/2009 - Actual Knowledge Bars Relief
• 10/20/2009 - Deadline for Innocent Spouse Election
• 10/19/2009 - IRS Must Notify Non-Electing Spouse
• 10/18/2009 - Knowledge May Bar Innocent Spouse Relief
• 10/17/2009 - Income Splitting Barred to California Registered Domestic Partner
• 10/16/2009 - Nonresident Alien Becomes Resident
• 10/15/2009 - Election To File a Joint Return
• 10/14/2009 - Spouse in Combat Zone
• 10/13/2009 - Switching From Separate to Joint Return
• 10/12/2009 - Charity Reports Transfer Within Three Years
• 10/11/2009 - Split-Dollar Insurance Arrangements
• 10/10/2009 - Donating Vacation Home Use Not Advisable
• 10/9/2009 - Recapture of Deductions for Certain Fractional Interests
• 10/8/2009 - Appraisal Required
• 10/7/2009 - Donations of Personal Creative Works
• 10/6/2009 - Recapture of Deduction for Property Sold Within Three Years
• 10/5/2009 - Tangible Personal Property
• 10/4/2009 - Appraisal Fees
• 10/3/2009 - Long-Term Holding Period
The Daily Tax Tip content is provided by America's all-time best selling tax guide, J.K. Lasser's™ Your Income Tax Guide by John Wiley & Sons, Inc. Tax advice provided by The Daily Tax Tip shall not be construed as a substitute for the advice obtained or given by a certified tax professional.




