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A way for you to connect and help to be your best!
Founded : 2018
Mission : Our mission is to provide you a way to stay connected with activities and events in the hotel.
weburl : http://www.lipsum.com/
Heat Illness Awareness
Heat Illness Training
Heat Stroke Stay Safe and Healthy!
- Drink water even if you aren't thirsty- every 15 minutes.
- Watch out for each other.
- Wear a hat and light colored clothing.
- Know where you are working in case you need to call for help.
- Rest in shade.
Heat Exhaustion Stay Safe and Healthy!- Drink water even if you aren't thirsty- every 15 minutes.- Watch out for each other.- Wear a hat and light colored clothing.- Know where you are working in case you need to call for help.- Rest in shade.
Welcome TO HROC
Welcome to the HROC Family!
Welcome to the Hyatt Regency Orange County Family!Please help us give a warm welcome to our new colleagues!
Women at Hyatt
Women @ Hyatt
Member of the Month: Brenda SanzAssistant Operations Manager - 4 years with Hyatt*A few fun facts...1) What excites you most about Women @ Hyatt and your reason for joining?Empowering women to achieve their goals2) What motivates you professionally and what was your proudest moment working at Hyatt?Being challenged and getting out of my comfort zone motivates me. The proudest moment at Hyatt is and was being able to jump to different departments with no experience.3) Hobbies/Spare Time Activities?Rock climbing, kickboxing, going to the beach, hiking & BEER!4) Bucket List ItemTake a year off and travel the world5) What is the most important thing you have learned in the last five years?If you think positive and throw your positivity to the universe, good things will come and you will live happier :)
One of Women @ Hyatt's mission is to support our local community and what better way than supplying colleagues & their children with school supplies, just in time for back to school! Please donate from August 13th-16th to HR and come shop on August 20th. All leftover school supplies will be donated to a local school.
TRAC Tip Reporting
TRAC Tip Reporting
Employee Guide to Tip Reporting
The law has always stated that all taxpayers who receive
“tips” as part of their compensation on the job must report
100% of those tips as income. However, the Internal Revenue
Service believes that it loses substantial revenue in income
taxes each year due to unreported tips.What is TRAC?
TRAC stands for “Tip Reporting Alternative Commitment”. Under this commitment, Hyatt has
agreed to 1) educate all directly and indirectly tipped employees, 2) provide you with an ongoing
reporting mechanism to properly report tip income and 3) provide you a summary of
your tip reporting. Tip reporting is not new. The law has always stated that 100% of the tips
you earn are taxable.
Which positions will the new procedures be in place for?
The new tip reporting requirements affect both directly and indirectly tipped employees forall food and beverage outlets in which a discretionary gratuity is provided by a guest. Directly
tipped employees include: food servers, bartenders and beverage servers. Indirectly
tipped employees include: bus attendants and barbacks. Room Service and banquet employees
are affected in locations that have discretionary tipping, rather than defined service charge/tips.Does TRAC only affect Hyatt employees?
No. There are many hotel and restaurant companies already on TRAC or deciding their options.
The IRS has started with many of the major companies. In the future, food and beverage
operations not covered under this agreement will stand a greater chance of audit for
both employees and the employer.
I bus tables and get tips from servers, not customers. Do I have to report tips?
If you receive $20 or more in tips in a month, you must report all tips received to your employer.
It does not matter if you received the tips from your customers or other employees.I report my tips to my employer in writing. Do I also have to keep my own records?
Yes. Even though you report tips to your employer, you must also keep your own daily records
documenting what you earned. These personal records are the records the IRS will ask to see
in an audit. You don’t have to use any specific form to keep these records, but the IRS offers
FORM 4070A, Employee’s Daily Record of Tips, to use as a daily diary. If interested, you can
call the IRS at (800) TAX-FORM for a copy.What are the benefits of accurate reporting?
The most important benefit is reducing the probability of your being audited by the IRS.
With the reporting procedure, the IRS encourages you to report income properly. While you
will not be protected from the “normal” IRS audit selection, the chance of being audited will
be greatly reduced.
A second benefit is the ability to verify income when you attempt to obtain credit for credit
cards, car loans and home mortgages. Reporting total income will provide you a larger verifiable
income source when applying for credit.
Since a portion of your tips may be paid to other individuals, this income can now be properly
reported to the employees who benefit from the tips and not be charged to you in the
event of an IRS audit.I have heard that I will not get audited if I report tips equal to 8% of sales. Is this true?
No. Federal law requires all tipped employees to report to their employer all tips received.
The 8% threshold pertains to an employer reporting requirement and has no bearing on what
an individual employee must report, which is all tips.
What happens if I do not report all my tips?
Employees who do not report all their tips and are audited by the IRS may owe back federal
and state taxes, penalties and interest on the amounts not reported.
How will the IRS know how much I receive in tips?
The IRS uses a number of methods to estimate tip earnings. In an audit, the IRS will have access
to all outlet sales and individual employee tip records to determine any under-reporting.If I start reporting all my tips now, won’t the IRS look at my past tax returns and penalize
me for not reporting them?
No. The IRS is not attempting to retroactively charge you for back taxes because of underreported
tip income in prior tax years. They are requesting, however, that on a “going forward”
basis you understand your legal obligation to report all tips received. TRAC does not
prevent the IRS from auditing prior tax returns for other reasons.
Sometimes my paycheck isn’t big enough for my employer to take out all the taxes that
should be withheld. What should I do in this case?
Some of you may have had previous experience with this. It is not uncommon to have a check
that is not large enough to cover garnishments, taxes and/or deductions. This may occur more
frequently as a result of these tip reporting procedures. Your hotel will handle this process as
it currently does.