Carol Ross
Tax Content Lead
MS Accounting
Carol Ross is a tax content lead covering taxes, payroll, and small-business finance. Carol has written hundreds of explainers helping workers and employers make sense of the rules.
Articles by Carol
Quarterly Payroll Tax Filing Checklist for Tipped Workers
File Form 941 quarterly with our checklist for tipped workers, including deadlines, FICA tax rates, and No Tax on Tips deduction.
How to Report Tips on Your Taxes Correctly
Accurately report tips on your taxes with Form 4137 and avoid IRS penalties. Learn tips reporting deadlines and guidelines from a seasoned tax professional.
Understanding TTOC Codes for Restaurant Workers: A Guide to Tipped Occupation Classification
Accurate Treasury Tipped Occupation Codes (TTOC) classification and reporting for restaurant workers is crucial for compliance and avoiding penalties.