The Round Table – September 6, 2013

by Jon Dulin on September 6, 2013 · 5 comments

I took the last few weeks off from posting the Round Table, but I’m back with a vengeance! So here we are in September, with the summer season unofficially over. I don’t mind this time of year – like the cooler days/nights – but I dislike the shortening of the days.

In personal finance news, there was a recent ruling by the IRS when it comes to tipping. We all know how I feel about tipping. I even had to write a follow up! It turns out restaurants that include the gratuity for large parties are going to have to factor that into employee’s wages. The IRS is no longer looking at the gratuity as a tip, but as a service charge. As a result, many businesses have stopped this practice and are now offering “suggested tip amounts” on the receipts.

Personally, I am all for this. Granted I’ve never been a waiter, but I don’t like being forced to tip a certain amount just because I am out with a large group. I will tip based on service. I won’t be stingy (though I do admit that others might be) when it comes to tipping. For my waiter/waitress, it’s a good thing because I’ll probably still tip 20% so they’ll be getting a 2% raise!

How will this affect your tipping? Will you tip more/less/the same? Let me hear your thoughts as well if you are a waiter/waitress!

Great Blog Posts from Other Bloggers

Credit Cards Are Only Tools in Your Financial Toolbox at DebtRoundUp
25 Odd Jobs That Make Good Money at KrantCents
Millionaire Interviews 2 at Free Money Finance
7 Deadly Sins to Budgeting at StumbleForward
How to Earn an Extra $600K in 7 Steps at Ready For Zero
How to Choose a Career at Luke1428

Posts MoneySmartGuides Wrote for Other Blogs

My Worst Summer Job at Penny Thots
Best Smartphone App for 20-Somethings at 20s Finances
Do You See Money Through The Eyes of The Rich or The Poor at Frugal Rules
Yard Sale or Online: Make The Most Selling Your Stuff at Penny Thots

Lessons Learned From Making Money on The Side at Edward Antrobus
What Determines Your Investment Performance at Mom and Dad Money
Kid Rock Beats The Scalpers at Penny Thots
5 Tips to Starting Your College Year Off Right at 20s Finances
Would You Rent Tires at Penny Thots

Carnivals MoneySmartGuides Appeared in

Carnival of MoneyPros at Rather-Be-Shopping
Fin. Carn. for Young Adults at Mom and Dad Money
Yakezie Carnival at Frugal Rules
Carnival of Financial Planning at Money Bulldog
Finance Carn. for Young Adults at Finance For Young Adults
Carnival of MoneyPros at Master the Art of Saving
Carnival of Retirement at Cash Cow Couple
Yakezie Carnival at This That and the MBA

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{ 5 comments… read them below or add one }

Krantcents September 6, 2013 at 10:21 pm

Thanks for the links, I am in very good company.

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Grayson @ Debt Roundup September 7, 2013 at 3:32 pm

I agree with you about tipping and I think the ruling is a good thing. Thank you for including my video post. I really appreciate it Jon. Have a great weekend.
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Chris @ Stumble Forward September 8, 2013 at 10:56 pm

Thanks for the mention.
Chris @ Stumble Forward recently posted..Stock Investing For Beginners: 5 Must Know TacticsMy Profile

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Brian @ Luke1428 September 8, 2013 at 11:32 pm

Thanks for the mention here Jon. Hope you have a great upcoming week!
Brian @ Luke1428 recently posted..My Fantasy Football Obsession: Finding Life BalanceMy Profile

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Shannon-ReadyForZero September 9, 2013 at 12:58 pm

Glad to see you back after a nice break :). And thanks for the mention!
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