Restaurant employers are responsible for withholding from employees’ salaries and tips (but not from allocated tips). At Nanny Tax Solutions, we help restaurants determine if the requirement for allocating tips to its employees applies and how to make the allocation if required. In addition, we advise our clients about what forms are needed to report tip income, if necessary.
We also help restaurants:
1. Register your employee with the state.
2. Set-up your account for filing returns with the state, if applicable.
3. Comply with checking your employee’s legal ability to work.
4. Pay your employee via direct deposit.
5. Issue wage statements to your employee.
6. Calculate Social Security, Medicare and Unemployment taxes.
7. Prepare payroll tax returns and make tax payments.
8. Generate Form W-2 for issuance to your employees.
9. File your W-2s with the Social Security Administration.
10. Maintain records of payroll issued.
