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theoretically, cash tips over $20 in any given month are supposed to be reported to the IRS. the employer is responsible and can be fined if caught not reporting and so can the staff member. what is a coop to do to be REALLY proper. Should they ask residents to tell them the amount they tip and then the coop can report it to the IRS? This seems to protect the coop.
I know i know. but am going there for good reason. corrupt super. sleeping board. inequal repairs and favors for residents depending on $. need to balance it out.
During my 30 years of coop management I NEVER had a client report cash tips. If the building really wants to pi-- off the staff this is the best way to do it. Tips is what motivates them as much as their salary, if not more.
People like you make it hard to keep good employees in any building.
sal - this was your 12/5 posting:
"I know i know. but am going there for good reason. corrupt super. sleeping board. inequal repairs and favors for residents depending on $. need to balance it out."
I wouldn't worry about reporting cash tips. If I were you, I'd focus on finding a new super, waking up your board (or getting other people elected to it), and having your property mgr handle and schedule repairs for residents on a fair, equal basis. And that's the best "tip" I can give you. ;-)
they are not good employees. this is the problem. pleaseunderstand.
I'm a resident manager, if the employees are not any good or dont follow company procedure then you need to make a change. This will give your building a bad reputation were no credible worker will want to work for your building.
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