Claiming the FICA tip credit takes three steps: a free eligibility check, a specialist calculation of your full credit including up to 3 prior years, and a filing that reduces your tax bill dollar for dollar. You do not need new software or a new payroll system. If no credit is secured, there is no fee. There are no upfront costs and no out-of-pocket money. You pay only if a credit is secured.
Just your existing payroll records. The calculation is built from reported tip totals and payroll data your system already keeps, for the current year and the prior years being claimed. There is no new software to install, no change to how your team reports tips, and no disruption to payroll.
The work is done on a contingency basis: a percentage of the credit secured, pure success fee. If there is no credit, you pay nothing.
Do I need new software? No. If staff report tips and you run payroll, you likely already have everything required.
What records are needed? Payroll records and reported tip totals for the current year and up to 3 prior years. The specialists work from records your payroll system already keeps.
How far back can I claim? Up to 3 prior tax years, plus the current year and every year forward.
What does it cost? The check is free and the work is success fee only. There are no upfront costs and no out-of-pocket money. You pay only if a credit is secured.
Do I pay anything upfront? No. There are no upfront costs and no out-of-pocket money. You pay only if a credit is secured.
Free check. Success fee only. No upfront cost.