Should You Put Cash Tips In Bank? [Solved]

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Should You Put Cash Tips In Bank? [Solved]

The best thing to do: Keep your spending cash separate from your tips. Once a week, take your tips to the bank and deposit them in a separate account. Once every other week or once a month, calculate how much to withhold from your taxes and transfer the rest of your tips to your primary checking account.

Making large cash deposits and IRS Form 8300

The

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