Quote:
Originally Posted by tony286
Tips arent a gift. Its To Insure Prompt Service. That all sounds like an excuse you have to leave a shitty tip but some single mom is trying to pay the bills is depending on your tip because that's the system we have. Also, most servers bust their asses dealing with people who treat them like servants. They deserve every dollar they make.
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there is a huge argument over gift or tip
well its this way to skirt the law. the system needs to change.
Whether it's a tip or a gift makes a huge difference for tax purposes. Tips are considered wages. ... Each person can gift up to $13,000 per person per year without any gift tax consequences. So if this really was a gift, and it's under the threshold, it's federal gift tax free to the giver.