No Tax on Tips Helphow we work and where the limits are

How these pages are made

The footer of every page carries a short note on how these pages are made. That note is the method statement. This page adds how we check the numbers and where the limits of the work are.

How we check the numbers

Every number has a public source

Each dollar amount, percent and date on these pages comes from an IRS page, IRS instructions, an IRS notice or a Treasury rule, and the page links to that source. The page For Texas owners uses the state Comptroller. When a statute is the source, we name the public law, such as Public Law 119-21 for the tip deduction.

Three checks before a page goes up

We match each figure to the source linked beside it. We check that any promise about our work fits the limits written further down this page. And we label every worked example with its assumptions, so it reads as an example and never as a forecast of your own return. When an example uses a tax rate, the rate is an assumption we state, and we say that your own numbers will differ. Drawings on these pages show the outline of a form, with no client's figures in them.

When a rule changes

Tax rules for tips are new, and the IRS keeps adding guidance. When a rule or a figure changes, we replace it on the page where it sits and update the source link. If you spot one before we do, call the number at the bottom of the page and tell us which page you mean.

What this practice does, and the limits

The work here is tips, the books behind them, the payroll setup, tax planning and the return. Steven Palmieri is a Tax CFO, and this practice is not a CPA firm. We don't sign audit, review or attest reports. Financial statements we prepare state that they express no assurance and are not a GAAP opinion. If a lender or a contract asks for an audited or reviewed statement, we tell you on the first call and point you to a firm that signs that kind of report.

Payroll is setup only. We set up the payroll provider you pick, including how tips, service charges and wages are mapped, and you run each payday with that provider. The provider files the payroll forms.

When the IRS sends a letter about a return, we gather the records it asks for and draft the response with you. Representation in an exam or an appeal goes to a professional who handles that work, and we help you find one.

Before a monthly bookkeeping engagement starts, we catch up any earlier months that don't tie, so each month after that starts clean. If that catch-up is needed, we tell you before you sign, with its own price.

The pages on this site explain the public rules in general. Advice about your own numbers starts with a written engagement that names the year and the forms. Until then, the free 30-minute call is the place to ask.

Whether a job is on the IRS list of tipped occupations is a question we answer with the list open, beside the job title you bring.

The dollar figures on these pages are the public caps and income lines, plus labeled examples. Your own figure depends on your forms. If a figure on a page is wrong, we replace it. Call the number at the bottom of any page and tell us where it is.

Fees are always quoted in writing before any work starts. The first call is free and takes 30 minutes, and it never commits you to anything.

The phone number at the bottom of every page reaches the practice for any question about this list.

Who answers the phone

The practice named in the footer answers +1 844-324-7273. That number is on every page. The same practice that helps with tips also keeps books, sets up payroll and prepares returns.

The practice works online, by video call and phone, and the phone number is the public way to reach us. The structured data in each page carries the same brand and phone number you see printed.

One practice, several websites

The same practice runs a few websites, each about one subject, so a person with a tip question gets a page about tips. This site covers the federal tip deduction and the payroll setup behind it. Whichever site you start from, one phone number reaches this one practice. stevenpalmieri.com is the main site for the practice, and it is the one other address this site links to.