Restaurant Payroll
Restaurants have complex laws governing wages and tips, so payroll can be challenging to manage. Apex 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. Apex automatically tracks these shortfalls and collects 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 W-2 forms, and prepare your Form 8027.