Unlock Thousands in Missed Tax Savings

Madison Tax Group’s FICA Tip Credit Recovery Service

Are You a Restaurant Owner Leaving Money on the Table?

In the fast-paced world of hospitality, tips are the lifeblood of your servers, bartenders, and staff. But did you know that for every dollar in tips your employees report, you’re already paying the employer share of FICA taxes—6.2% for Social Security and 1.45% for Medicare, totaling 7.65%—on top of their base wages? That’s a significant expense that most restaurants overlook. Enter the FICA Tip Credit (under IRC Section 45B): a powerful federal tax incentive that lets you recover up to 7.65% of those taxes paid on tips exceeding the $5.15 federal minimum wage threshold.

The catch? 85-90% of eligible restaurants never claim it. That’s not just a statistic—it’s thousands of dollars in unclaimed credits and potential refunds slipping away every year. If your business serves food or beverages where tipping is customary, and you’ve paid FICA taxes on reported tips, this credit is yours for the taking. It’s non-refundable but can be carried back one year or forward up to 20 years, making it a game-changer for cash flow.
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Why Madison Tax Group? Your Experts in IRS Tip Credit Recovery

At Madison Tax Group, we don’t just handle accounting—we specialize in unlocking hidden IRS programs and tax strategies tailored for restaurant owners like you. With decades of experience in hospitality tax compliance, we’ve helped hundreds of businesses recover overlooked credits, ensuring every filing is airtight and IRS-ready. Our new FICA Tip Credit Recovery Service is designed to:

Review and Amend Past Returns

We’ll audit your 2022, 2023, and 2024 tax filings (or earlier, if eligible) to identify unclaimed FICA credits. No more missed opportunities—file amended returns with Form 8846 attached for retroactive refunds.

Handle All the Heavy Lifting

From gathering tip reports and payroll data to calculating eligible credits (tips above $5.15/hour, minus any minimum wage offsets) and preparing/submitting amendments—we do it all. You focus on running your restaurant; we focus on your savings.

Maximize Your Refund

Eligible credits can add up fast. For example, if your tipped staff reported $500,000 in tips last year (common for mid-sized spots), you could recover over $38,000 in taxes—dollar-for-dollar off your federal income tax liability. And that’s just one year!

Fierce Advocacy Against the IRS

This isn’t a one-off gimmick—it’s a strategic service integrated into our full suite of accounting solutions, including payroll optimization, IRS audit defense, and ongoing tax planning. We’re your partner in navigating the complexities of tipped wages, from accurate reporting to avoiding penalties.

Real Savings, Real Stories

We pride ourselves on building lasting relationships and delivering exceptional service that exceeds expectations. Here is what some of our satisfied clients have to say about their experiences with our team.

" Madison Tax Group turned our overlooked tip taxes into a $25,000 refund for 2023 alone. Their team made amending our returns seamless—no headaches, just results. If you’re in restaurants, this is a no-brainer."

Telly L., Cedar Local

"The Madison Tax Group team (Andrew, JP, Jean just to name a few) is a godsend. They were professional and worked with me throughout the process to resolve my tax issues that have been burdening me for over 10 years. They have a team that handles each process and work cohesively to resolve your tax problems. Everything they stated, happened. What to expect and what not to expect. I will forever be grateful to them. Thank you Madison Tax Group team. You are truly the best. I will say choose them and work with them, but you also have to do your part to supply them with all the information necessary on time."

Amina Hassan

"Real life story, Madison Tax Group did what they said they were going to do. They made no absolute promises yet they exceeded my expectations. Madison Tax group erased a 116,000 dollar back tax bill I owed to the IRS. This lifted a heavy weight off my shoulders. I really thought my life was over. And would spend the rest of my life trying to dig myself out of an IRS hole. Madison Tax Group gave me hope and exceeded that, with real performance. They gave me back my life and a fresh new start, I would recommend Madison Tax group over and over again. They will change your life! To all at Madison Tax Group from my family, we love you, and are very greatful and thankful. Thank you all so very much!!!!!!!!"

HK Cameron

"Best group of people always there for you was uneasy to trust but they came through for me .I owed 20,000 plus and paid the government 500.00 now I owe nothing it’s real highly recommend them thank you so much Madison group"

Eug Med

"I could not have wished for better representation than Brian P and the team at Madison Tax Group. Highly professional, and knowledgeable, they worked tirelessly on my behalf, always answering questions in a timely and caring manner. I highly recommend them for any tax purposes."

Robbier Walker

Ready to Reclaim What’s Yours?

Don’t let another tax season pass with unclaimed FICA credits draining your bottom line. Contact Madison Tax Group today for a free eligibility assessment—we’ll review your records and estimate your potential recovery in under 30 minutes. Call us at 888-829-5060 or complete our form to schedule. Spots are filling up fast as the 2025 filing deadline approaches—secure your refund now!

Madison Tax Group: Specializing in IRS Programs & Accounting Services for Hospitality Heroes. Past performance is not indicative of future results. Consultations subject to terms.

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