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Old 02-20-2016, 05:10 AM   #23
4444
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Quote:
Originally Posted by DGN23 View Post
If you're picking up a job that is purely under the table and off the books you could end up with more problems than just filing your taxes.

If you're talking about something like a serving job where you get a set minimum wage but cash tips you should declare it all but show me a server that declares every penny of their tips at tax time and I'll show you a bridge I have for sale in New York.
don't take this as fact, but many years ago when I was a waiter, it was communicated that the accepted standard for tips was income inclusion of 10% of your salary.

not sure what there is to back that up, but no way is it accurate (tips were 200%+ of my wage)
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