These three things can help restaurant servers prepare for tax season. Just a little effort throughout the year can make filing your taxes a breeze. Waiters have in inconsistent income. Worse yet the hourly rate is so low it makes tax withholdings a nightmare. Not Financial Advice. I am sharing the things that I do that takes away the surprise of if you owe taxes at the end of the year or not.
Most servers don't know how to file taxes as a server correctly, and it's costing them hundreds (or thousands) of dollars every April. In this episode, we break down the 3 biggest tax mistakes tipped workers make
We had Barbara Sloan, author of Tipped Finance on our podcast several years ago. I recommend her book which is geared to restaurant and other tipped workers. https://www.tippedfinance.com/
Get your free budget guide for Restaurant Servers https://www.themodernwaiter.com/freebie
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