I work in a restaurant that has a tip share program. Based on total sales the wait staff tips out the back and the front of the house i.e. the food runner, hostesses and in my case…the cook. My question is should the owner of the restaurant be taxing the tip share before it becomes a whole part of my declared income? I guess my concern is that if I’m taxed immediately on that nights tip share, say $25, isn’t that going to lead to less taxes than if I’m taxed on say, $150 tipshare for the week or even worse on my total bi-weekly salary+ the tipshare earned withen the pay period (which is the case with me)? Confusing! Is anyone up to the challenge?

Related posts:

1. What do i have to do on taxes for playing guitar in a restaurant?
2. how do I deduct my own taxes if my employer is not deducting them?
3. How to Get Tax Relief through the IRS Offer in Compromise Program