12/18/2013
Regardless of what you call it, tips are amounts customers willingly determine and leave of their own accord; service charges, sometimes called automatic tips, are added to the bill. Tips are taxable when employees report them to their employers; service charges are immediately taxable. The IRS will begin enforcing this rule on Jan. 1, 2014.
12/06/2013
Washington, D.C., and Seattle top the list of metropolitan areas experiencing the highest annual wage growth since the recession ended. (The national average was $2,330.)