- Let's Dive In!
-
What the New Tips‑Related Earning Codes Mean 3 min
-
Final Step
What the New Tips‑Related Earning Codes Mean
Course 20 of 20 in Payroll
Learn how new tip earning codes classify cash and credit card tips as qualified or non qualified and how each type is processed for payroll and tax purposes.
This video explains the new tip earning codes introduced under recent federal legislation and how they affect payroll processing and taxation. You’ll learn the difference between cash and credit card tips, how each is handled in payroll, and what makes a tip qualified or non qualified. Understanding these distinctions helps ensure accurate payroll processing and proper tax treatment.
Click on the link below and tag along while we cover this topic.
(3 min.)
