This Tipping App Will Help You Live Your Best Life
Cash tipping is becoming more antiquated in our highly digital world, and credit card tipping only causes delays and processing fees. BY HAYLEY GREASON MAY 30, 2019 Terry McKim, the director of marketing at Lords & Ladies Salons, and venture capitalist David Tashjian, came together to tackle tips with Tippy, a digital tipping platform made […]
Tippy Partners With SalonCentric For National Rollout
Unique Financial Empowerment Tool for Salon Professionals New York, NY – April 23, 2018 Tippy, a new digital tipping platform for the salon and spa industries, today announced a partnership with SalonCentric, the premiere distributor of salon professional products. This new partnership brings Tippy’s disruptive tipping solution, including customer facing terminals and a mobile app […]
Reporting of Tip Income For Salon Owners
By April L. McDaniel, CPA, CRSP Owning a salon is a tough business. Right now salons are facing numerous challenges that vary from coast to coast. What can you do as an owner to face these challenges like the warriors that you are? Be a business person first! Successful salon owners read up on new […]
Tipping & Taxes: We make it easy!
By Jeff Rudner, CFO April showers bring May flowers, and a flurry of people filing their taxes. In industries where tips make up a large part of an employee’s income, (we’re talking to you Salon & Spa professionals), filing taxes can be confusing with a burden being placed on both the employees and company owners. […]
Tippy’s Suggested Tipping Structure Averages Over 21% of Service
Tippy was founded on the basis of solving a critical problem for Salon and Spa owners and their valued employees. As more and more customers ask to leave tips on credit cards, owners have inherited a new processing fee while the professionals have to wait up to two weeks to receive gratuities. Since launching, we […]
What is the difference between us and Venmo?
By Lauren Zomolsky, Tippy’s Success Manager Splitting a check at a restaurant, reimbursing a friend, paying for a service—thanks to a number of apps, getting money to someone when there’s no cash in your wallet is easier than ever. One of the most popular apps people use today is Venmo. Directly linked to your bank […]
SUPPORT THE SMALL BUSINESS TAX FAIRNESS AND COMPLIANCE ACT H.R. 1349
By Professional Beauty Association The Small Business Tax Fairness and Compliance Simplification Act, known commonly in the beauty industry as the FICA Tax Tip Fairness legislation, would extend the current 45(b) FICA tax tip credit to salon and spa owners – a credit granted to restaurant owners in 1993 – while providing equality and increased […]
IT’S TIME STYLISTS FELT FINANCIALLY EMPOWERED
By Terry McKim Posted February 14, 2019 In Exclusives, Insight, Professional The beauty industry is a powerhouse in the economy, a constantly changing arena with hip new trends popping up with every blog, YouTube tutorial, and celebrity makeup line. Salons are quick to adapt while maintaining high standards of service. But one thing has not […]
Tippy Donates $10,000 To Professional Beauty Association!
Ten Scholarships will be awarded to licensed cosmetologists for established professional beauty industry education programs Like many Americans, you whip out your credit card to pay for your fabulous new look from your favorite salon. But the salon won’t let you add a tip, and you forgot to get cash. FORT LAUDERDALE, Fla., Feb. 19, […]
No cash to tip your hair stylist? ‘Tippy’ to the rescue!
Written by Marcia Heroux Pounds of South Florida Sun-Sentinel. This article appeared on the front page of Sun-Sentinel’s Money Section on Jan 14. Like many Americans, you whip out your credit card to pay for your fabulous new look from your favorite salon. But the salon won’t let you add a tip, and you forgot […]