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1. (WO2013154761) GRATUITY PROCESSING SYSTEM APPARATUS AND RELATED METHODS

Pub. No.:    WO/2013/154761    International Application No.:    PCT/US2013/032061
Publication Date: Fri Oct 18 01:59:59 CEST 2013 International Filing Date: Sat Mar 16 00:59:59 CET 2013
IPC: G06Q 10/00
Applicants: PHILLIPS, Andrew, M.
Inventors: PHILLIPS, Andrew, M.
Title: GRATUITY PROCESSING SYSTEM APPARATUS AND RELATED METHODS
Abstract:
Apparatus and methods are disclosed to improve the administration of tip monitoring, collection, and distribution, and related reporting needs (such as for U.S. tax reporting). POS systems and employee prepaid debit cards can be used to make the distribution process "cash-less." As indicated, the inventions disclosed herein can be used in a broad range of applications and provide many benefits. One substantial benefit is in helping companies and their employees/staff comply with U.S. income tax laws regarding "tip" income. Prior to 1988, employees who earned tips already were required to report their tips on their federal tax returns, but there was no corresponding requirement imposed upon their employers.