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IRS Proposes New Program for Reporting Tips Across Service Industry

Published: February 7, 2023

The Internal Revenue Service (IRS) on Feb. 6 issued proposed guidance for a voluntary tip-reporting program between the ...

Source: theepochtimes.com

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United StatesTed RossmanRevenue ServiceService Industry Tip Compliance AgreementInternal Revenue ServiceIndustry Tip ComplianceTip Rate Determination AgreementTip Reporting Alternative CommitmentTimes PhotoThe Epoch Times

Biden's IRS Pushes Scheme To Crack Down On Restaurant Tips

Published: February 7, 2023

The Biden administration's Internal Revenue Service (IRS) has proposed a program for service industry employers to report their workers' tips to the IRS.

Source: dailycaller.com

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Revenue ServiceDaily Caller News FoundationService Industry Tip Compliance AgreementInternal Revenue ServiceMiami BeachGetty ImagesTip Rate Determination AgreementTip Reporting Alternative Commitment

IRS proposes tip-reporting program

Published: February 6, 2023

The new SITCA would replace previous industry and agency agreements.

Source: accountingtoday.com

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Revenue ServiceService Industry Tip Compliance AgreementInternal Revenue ServiceTip Rate Determination AgreementTip Reporting Alternative CommitmentGaming Industry Tip Compliance AgreementInternal RevenueTax Regulations