Could Your Restaurant Be Missing the FICA Tip Credit?

Find out in just a few minutes — at no upfront cost.

If you have tipped employees, you may qualify for a valuable federal tax credit based on FICA taxes you’ve already paid on employee tips.

And if eligible credits were missed in prior years, there may still be an opportunity to claim them.

— Mike

Quick Context

The FICA Tip Credit is an established federal tax credit for eligible food and beverage businesses with tipped employees.

It can provide a credit based on the employer’s share of Social Security and Medicare taxes paid on qualifying employee tips.

And this is NOT the new “No Tax on Tips” deduction.

“No Tax on Tips” primarily benefits eligible employees. The FICA Tip Credit is an employer tax credit — and it’s been around for years.

What Happens Next

• You’ll connect with a FinTitan specialist who works with hospitality businesses
• They’ll ask a few simple questions about your business
• You’ll get an estimate of what your business may qualify for
• If there’s nothing worth pursuing, you’ll know quickly
• There’s no upfront cost for the review

What If There’s Money Sitting There?

Many business owners assume their CPA or payroll provider is already handling the FICA Tip Credit.

Maybe yours is.

But if eligible credits weren’t fully claimed, there may be an opportunity to claim credits from prior years — potentially resulting in money back from the IRS, depending on your tax situation.

It costs nothing upfront to find out.

No upfront cost. No obligation.

Just find out whether there’s anything worth pursuing.