The Internal Revenue Service (IRS) proposed a new rule this week that would crack down on taxing the service industry's tips. The Service Industry Tip Compliance Agreement (SITCA) proposal would be a voluntary program between the IRS and employers that the IRS says would 'decrease taxpayer and IRS administrative burdens and provide more transparency and certainty to taxpayers.' https://www.dailymail.co.uk/news/article-11728733/Taxpayer-advocates-fume-proposal-Bidens-IRS-crack-servers-TIPS.html
The Internal Revenue Service (IRS) proposed a new rule this week that would crack down on taxing the service industry's tips.
The Service Industry Tip Compliance Agreement (SITCA) proposal would be a voluntary program between the IRS and employers that the IRS says would 'decrease taxpayer and IRS administrative burdens and provide more transparency and certainty to taxpayers.'