TipFort – Automate W-2 Tip and Overtime Compliance for Tipped Businesses

Summary: TipFort automates W-2 tip reporting and FLSA overtime compliance for businesses with tipped employees, reducing the risk of costly IRS penalties. It tracks tips daily, enforces deduction caps, calculates overtime, and exports compliant Box 12/14b CSV files compatible with payroll systems like Gusto, QuickBooks, and ADP.

What it does

TipFort automates the entire W-2 tip compliance process by tracking daily tips, calculating overtime under FLSA rules, monitoring deduction limits, and generating export files for payroll integration.

Who it's for

It is designed for restaurants, hotels, and other tipped businesses, as well as payroll professionals and accountants managing year-end W-2 tip reporting.

Why it matters

TipFort addresses the risk of IRS penalties up to $680 per employee by ensuring accurate, automated compliance with updated W-2 Box 12/14b reporting requirements under OBBBA regulations.