When it comes to understanding the complex tax laws surrounding tipped employees, Big Fish Payroll can help take the headache out of payroll processing. As a restaurant owner you are busy everyday with running your business. Pass the responsibility to us to track your employee hours worked, the tips they declare, and their Gross Receipts.
We’ll provide you with all the reporting you need to ensure:
- Your tipped employees are declaring at least the minimum % required by the IRS
- That the relationship between tips received and Gross Receipts is calculated
- Any FICA tip credit amounts are captured for you to use on your year end corporate returns
Whether you are operating a QSR or a full service facility, our detailed reporting will give you exactly what you need to run your business.
Our Restaurant Payroll service package includes:
- Tips-to-minimum management
- Employee tax shortfall calculations
- FICA Tip Credit calculations
- Form 8027 calculations and Allocated Tips
- Point of Sale (POS) interface
- Multiple access level options on Big Fish Online for your Assistant GMs
- Multi-location delivery
- Electronic report access