Tip Reporting
Paytime works with restaurant management to comply with tax laws and eliminate tip underreporting.
FICA Tip Credit Report
Paytime provides restaurant owners with a tax credit report for FICA taxes paid in excess of Federal or State minimum wages, depending upon which is higher. Paytime tracks the tax credit data with each payroll run.
“My accountants can work directly with Paytime if they need specific payroll information to complete reports or taxes.”
