NOTE: This headliner is current through the publication date. Since changes may have occurred, no guarantees are made concerning the technical accuracy after the publication date.
Headliner Volume 249
November 5, 2008
Employers who operate a large food or beverage establishment must file Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips, (and Form 8027-T when filing more than one Form 8027). The form is generally due to the IRS by February 28, 2009. However, for tax year 2008, the due date is March 2, 2009, since February 28th falls on a Saturday. Electronic filers have until March 31, 2009 to file.
Filers of Form 8027 may request an extension of time to file on Form 8809, Application for Extension of Time To File Information Returns. For 2008 tax year, requests for extensions must be received by the IRS no later than March 2, 2009. If filing electronically, the due date for extensions is March 31, 2009.
If an employer owns more than one establishment, the employer must file a Form 8027 for each establishment. If more than one establishment (business activity providing food or beverages) is operating within a single building, and, if gross receipts are recorded separately, the employer must file a Form 8027 for each activity.
A large food and beverage establishment is one to which all the following apply:
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Food or beverage is provided for consumption on the premises
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Tipping is a customary practice
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More than 10 employees, who work more than 80 hours, were normally employed on a typical business day during the preceding calendar year
Employers send Form 8027 to:
Department of the Treasury
Internal Revenue Service
Cincinnati, OH 45999
Employers failing to file Form 8027 (and Form 8027-T) on time will be subject to a penalty, unless there is a reasonable cause for the delay. Employers filing late (after the due date including extensions) should attach an explanation to the return to show that there was a reasonable cause for the untimely filing.
Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips (PDF) is available for download at irs.gov or by telephone order at 1-800-829-3676.
Additional information about Form 8027:
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