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 […]
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, […]
Tippy Closes $1.65 Million In Series B Funding
Digital Tipping System Breaks Through the Salon and Spa Industries. Fort Lauderdale, FL (January 2, 2019) – DirectTIPS LLC, parent company of Tippy, a disruptive, digital tipping application for the salon and spa industries, today announced it has closed $1.65 million in Series B funding, bringing its total funding to $3.15 million. The funding comes […]
Reps. LaHood and DelBene Introduce Legislation Aimed to Empower Beauty-Based Business by Extending Tip Tax Credit
Congressman Darin LaHood (R-IL) and Congresswoman Suzan DelBene (D-WA) recently introduced H.R. 6736 to update and modernize existing laws to provide equitable treatment and administrative relief to small businesses engaged in the hair care and beauty service industry. This legislation would extend the Federal Insurance Contribution Act (FICA) tax tip credit—which is currently available to […]
We Support The Small Business Tax Fairness & Compliance Simplification Act H.R. 6736
New legislation will allow salons to benefit from the existing FICA tip tax credit which provides a dollar for dollar credit on the employer’s share of FICA taxes paid on employee tips, providing salon owners to the opportunity to reinvest those dollars into their salons, education, and more. The PBA, (Professional Beauty Association), is the […]