Restaurant Payroll
Restaurants have complex laws governing wages and tips, so payroll
can be challenging to manage. Fidelis Payroll reduces these challenges,
as well as the risk of compliance penalties.
Restaurant Forms and Reports:
FICA Tip Credit Report
This
report gives restaurants the opportunity to capitalize on a special tax
credit, which can amount to hundreds of dollars per employee annually.
Shortfall Report & Tracking
This report informs you that
employees haven't earned enough wages to meet their taxes and voluntary
deductions, allowing you to recover the funds from their next
paychecks. We automatically track these shortfalls and collect them
until they are fully repaid.
Form 4070 Sign-Off Sheet
Maintain written proof of employee tips, and find out how to fulfill
your tip reporting obligations.
TEFRA Service
To meet the additional tip reporting requirements
of large food or beverage establishments, we calculate your tip
allocations, report the totals on W2 forms, and prepare your Form 8027.
