Stephanie Day
Tax Content Lead
BA Journalism
Stephanie Day is a tax content lead covering taxes, payroll, and small-business finance. Stephanie has written hundreds of explainers helping workers and employers make sense of the rules.
Articles by Stephanie
Cash Tips vs Card Tips Tax: What You Need to Know
Cash tips over $20/month must be reported to your employer, but card tips are taxable income. Know the tax implications of both types of tips to avoid penalties
Do Servers Have to Claim All of Their Tips on Taxes?
Servers can claim up to $25,000 of tips tax-free with the No Tax on Tips deduction, but there are income limits and reporting requirements to meet.
Understanding Allocated Tips on Form 8027: A Guide for Employers
Understand Form 8027 and allocated tips, a key part of U.S. tipped-income taxation, and learn how to calculate and report them as an employer.
How to Fill Out IRS Form 8027 Step by Step
A step-by-step walkthrough of IRS Form 8027 for large food and beverage establishments. Learn what data you need and how to avoid common mistakes.