Any Social Security and Medicare Taxes If My Employees Receive Tips? ShareEmployers must report and pay taxes on tips that employees report to them. As an employer, do i have any liability for social security and Medicare taxes if my employees receive tips but don’t report them to me? Frequently Asked Questions - Business Taxes5 Steps To Take Before You Prepare Your TaxesAre Employers Required To Report The Information That Employees Claim On Their Form W-4 To The Irs?Can I Deduct My Home Office On My Business Tax Return?How Do I Choose The Right Accounting Software For My Business?Do I Have to File Taxes If My Business Made No Money?Do I Need To Make Quarterly Estimated Tax Payments?Need An Employer Identification Number (EIN)?