Quick Answer: To run restaurant payroll, collect timesheets and tip reports, calculate gross pay (including overtime, multiple rates, and tips), apply withholdings and employer taxes, and pay employees on a compliant schedule. For tips, require monthly reporting (at least $20 in tips) and withhold FICA and income tax; consider the FICA tip credit (Section 45B). Software built for restaurants reduces errors and admin time.
Continue reading “Restaurant Payroll, Simplified: The Best Payroll Process for Restaurants”Restaurant Payroll, Simplified: The Best Payroll Process for Restaurants