You’ve Probably Overpaid On Payroll Taxes

Let’s Fix That With The FICA Tip Credit

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Reclaim Payroll Taxes You’ve Already Paid

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No Upfront Cost, Full IRS Compliance

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No Changes to Wages or Tipping Practices Required

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Claim My Money

Built by People Who’ve Worked Inside the IRS — and Know How to Work It in Your Favor

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Check eligibility

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Upload documents

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Get paid

What is the FICA Tip Credit?

If your employees earn tips — like servers, bartenders, or baristas — your business pays payroll taxes on those tips. The FICA Tip Credit lets you get some of that money back from the IRS.It’s a federal tax credit (IRS Code §45B) that gives businesses like yours a refund on the Social Security and Medicare taxes you’ve already paid on employee-reported tips.

One restaurant owner with 12 employees had been paying payroll taxes on tips for years. We uncovered thousands of dollars in unclaimed credit – all from tips they were already reporting. We got them a huge refund and they didn’t have to make any internal changes to payroll or operations.

At Anchor Accounting Services, this is what we do — and we do it with the people who know the IRS inside and out. Our team includes tax attorneys, former IRS executives, and industry experts specializing in credits like this. We handle everything: calculations, paperwork, IRS filings — even audit protection. With zero upfront cost and full support from start to refund, you’re in expert hands.

You can go back 3 years, claim your refund, and even carry forward any unused credits for future tax years. It’s one of the most overlooked credits in the food & beverage industry — and we’re here to ensure you don’t miss out.

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Minimum Requirements

To qualify for the FICA Tip Credit, your business just needs to meet three simple criteria:

1

You Operate in the Food & Beverage Industry

This credit is designed for businesses where tipping is customary, including:

Restaurants, cafés, and coffee shops

Bars, breweries, and wineries

Hotels, resorts, and casinos

Food trucks, catering companies, and event venues

Any business where food or drinks are served and tips are collected

2

Your Employees Earn Tips

You must have employees who:

Regularly receive tips from customers

Report those tips as part of their wages through payroll

Are classified as W-2 employees (not contractors)

3

You Pay FICA Taxes on Those Tips

That includes:

Social Security and Medicare taxes (typically part of your payroll tax responsibilities)

These taxes must have been reported on your quarterly Form 941s

If that sounds like your business, you’re likely eligible — and we’ll verify your eligibility in minutes with a quick pre-qualification.

Start My Free Pre-Qualification

How to Claim Your Credit Through Anchor Accounting Services

The IRS doesn't make it simple, but we do.

1. Check Eligibility:

Complete a short questionnaire to assess if you qualify.

2. Submit Documents

Send over your Form 941s and business tax returns — we’ll guide you through it.

3. We Do the Math

Our team calculates your credit and prepares all necessary amendments.

4. We File with the IRS

We submit everything on your behalf once you approve.

5. Get Paid

Most businesses receive their refund in 16–20 weeks.

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Why Choose Anchor Accounting?

We Make It Effortless to Claim YOUR Money from the Government

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Seasoned Team of Tax Attorneys, Former IRS Executives, and Industry Experts

We know the system inside and out — and how to work it in your favor.

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No Upfront Cost: If you don’t get paid, neither do we.

We only get paid when you do.

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Full-Service Filing: We handle all paperwork and IRS submissions

We take care of everything — from calculating your credit to preparing and submitting all necessary tax forms to the IRS.

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Audit Protection Included on Every File

Every claim we file comes with audit support, so you’re covered if the IRS ever comes knocking.

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Ready to Claim What’s Yours?

No upfront cost. No red tape. Just results.

You’ve already done the hard part — running the business, paying the taxes, reporting the tips. Now let us do our part and help you claim the refund you deserve.

CLAIM MY MONEY

© 2025 ANCHOR. All rights reserved

The Only Full-Service FICA Tip Credit Platform Built for Businesses Like Yours

Thousands of food and beverage businesses fail to claim the FICA Tip Credit every year. Let’s fix that.

At Anchor Accounting Services, we don’t just calculate your tax credit, we help you unlock it faster, file it smarter and defend it with confidence. 

Tipping accounts for an estimated $38 billion in annual revenue (IRS). That’s a massive pool of taxable income and most eligible businesses never claim the credit they deserve. Anchor delivers a secure, tech-enabled platform that handles the heavy lifting for you, end to end.

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The only technology-first filing platform for the FICA Tip Credit

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Optional refund advance through our proprietary treasury services

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IRS audit defense included on every claim, no extra charge

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No upfront cost to check your eligibility or start your claim

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4.2 million words, 17,000 pages of regulations to wade through in the U.S. tax code (Source: NTU.org)

Simplify the complex.

Over 6 billionhours spent filing taxes each year (Source: NTU.org) 

Take back your time.

More than $11billion in unclaimed tax credits annually (Source: Federal Reserve Bank of Chicago).

Discover long-term value.

Built for food and beverage employers, no upfront costs or changes to tipping practice

Our full-service FICA Tip Credit program helps you unlock cash flow, stay IRS compliant and turn payroll taxes into a financial advantage. It includes audit defense, tax preparation support, credit tracking and optional refund advance options to keep your business moving.

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Check Eligibility

2

Upload Documents

3

Get Paid

What is the FICA Tip Credit?

The FICA Tip Credit, authorized under IRC §45B, lets eligible businesses recover the 6.2% Social Security tax they pay on tips, but only on the portion above minimum wage. It’s designed for industries like food and beverage where tipping is customary and claimed using IRS Form 8846.

Before this credit existed, only about 15% of tips were even reported. Now, it not only promotes transparency but gives employers like you a chance to recover thousands in overpaid payroll taxes, without changing how you operate.

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Why Anchor Accounting Services?

Anyone can explain the tax code. Anchor makes it work for you with a tech-enabled, end-to-end FICA Tip Credit solution.

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Tax Credit Filing

We do the heavy lifting. From tip data to IRS paperwork, we calculate your potential savings, prepare all documents and file on your behalf.

Transparent Pricing

No upfront cost to check eligibility. Fees are only charged when your credit is filed and always clearly explained before you sign.

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Tax Prep Support

We work well with your CPA. Our team works alongside your accountant (or internal bookkeeper) to ensure that your records are clean, accurate and IRS-ready.

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IRS Audit Defense Included

If the IRS comes knocking, we answer. Get full audit response support, including documentation compliance checks and peace of mind.

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Advance on Tax Refunds

Through our treasury partner Rubix, eligible businesses can receive funds in advance of IRS processing.

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Designed for businesses like yours. Delivered by a team that knows your industry.

Claiming the FICA Tip Credit doesn’t have to be confusing. At Anchor, we’ve built a system that makes it easy for tip-reliant businesses to get the tax relief they’ve already earned with no upfront cost or disruption to how you operate.

1

You operate in the food & beverage industry

This tax credit is designed for businesses where tipping is customary, including:

Restaurants, cafés and coffee shops

Bars, breweries and wineries

Hotels, resorts and casinos

Food trucks, catering companies and event venues

Any business where food or drinks are served and tips are collected

2

Your employees earn tips

You must have employees who:

Regularly receive tips from customers

Report those tips as part of their wages through payroll

Are classified as W-2 employees (not contractors)

3

You pay FICA taxes on those tips

That includes:

Social Security and Medicare taxes (typically part of your payroll tax responsibilities)

These taxes must have been reported on your quarterly Form 941s

If that sounds like your business, you’re likely eligible for a FICA Tip Tax Credit. We’ll verify your eligibility in minutes with a quick pre-qualification.

Start My Free Prequalification

Want first access as the credit expands?

The proposed “No Tax on Tips” legislation aims to expand the FICA Tip Credit to include salons, barbershops, hospitality businesses and other tip-based industries.

Join our waitlist to be the first to know when new industries become eligible. You’ll have early access to the tools and services we’re building to support them.

Join Waitlist

How to claim your tax credit through Anchor Accounting Services

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Check Eligibility:

Complete a questionnaire to see if your business qualifies. No cost, no commitment.

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Create Your Profile:

Set up your secure account in our portal to begin your application and ensure your information is safely stored.

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Add Your Business Details:

Tell us more about your business to help us calculate your credit accurately.

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Submit Your Application:

Securely upload the documents we need to finalize your claim.

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You’re Done:

Once submitted, our team takes it from there. We’ll file with the IRS and keep you updated every step of the way.

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How your FICA Tip Credit gets paid (and when we charge fees)

We know taxes can be confusing, so we make sure you're crystal clear on what you're eligible for, how you’ll get paid and when fees apply. Your FICA Tip Credit will fall into one of three categories:

Full Refund

You receive a full cash refund from the IRS.

We don’t charge anything at the time of filing

Our fee is deducted once the IRS processes your refund

Or, you can choose an optional advance through Rubix to get your funds sooner

No upfront payment needed.

Partial refund + partial carryforward

Part of your credit is refunded now, and the rest is applied to future taxes.

If your refund is large enough to cover our fee → no payment due at filing

If not, we’ll invoice you when we file the return

We work on contingency when possible. You’ll only be billed if needed.

Full carryforward

If you don’t qualify for an immediate refund, your entire credit carries forward to offset future tax years.

Because there’s no refund to deduct from, we’ll invoice you at the time of filing

You can choose to finance your fees through Rubix and pay over time

Payment is required at filing, but flexible options are available.

Before we file anything, we’ll confirm which track applies to your business and walk you through your payment options. No surprises or hidden fees, just a clear, fair process that works for your cash flow.

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Insights

What Is the FICA Tip Credit? A Guide for Business Owners

Discover how the FICA Tip Credit helps businesses recover payroll taxes on tipped wages. Learn eligibility, calculation steps and how to avoid common errors.
August 13, 2025

How To Calculate FICA Tax for Employers: A Complete Guide

Learn how to calculate FICA payroll tax in 2025. Get employer tips on accurate withholding, matching contributions and staying IRS-compliant year-round.
August 6, 2025

FICA Payroll Tips

Learn how FICA taxes affect your payroll, what compensation is taxable and how to reduce costs legally. Discover fringe benefit strategies and the FICA Tip Credit.

Ready to turn tips into cash flow?

You’ve already done the work, served the guests, paid the taxes and reported the tips.
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Now, let our full-service FICA Tip Credit Program handle the rest. We simplify the process. You unlock the cash flow.

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© 2025 Anchor Accounting Services. All rights reserved