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WASHINGTON — The Treasury Department and Internal Revenue Service today issued Notice 2023-13, which contains a proposed revenue procedure that would establish the Service Industry Tip Compliance Agreement (SITCA) program, a voluntary tip reporting program between the IRS and employers in various service industries. The IRS is issuing this guidance in proposed form to provide an opportunity for public comment.
The proposed SITCA program is designed to take advantage of advancements in point-of-sale, time and attendance systems, and electronic payment settlement methods to improve tip reporting compliance. The proposed program would also decrease taxpayer and IRS administrative burdens and provide more transparency and certainty to taxpayers. The proposed program includes several features:
The monitoring of employer compliance based on actual annual tip revenue and charge tip data from an employer's point-of-sale system, and allowance for adjustments in tipping practices from year to year.
Participating employers demonstrate compliance with the program requirements by submitting an annual report after the close of the calendar year, which reduces the need for compliance reviews by the IRS.
Participating employers receive protection from liability under the rules that define tips as part of an employee's pay for calendar years in which they remain compliant with program requirements.
Participating employers have flexibility to implement employee tip reporting policies that are best suited for their employees and their business model in accordance with the section of the tax law that requires employees to report tips to their employers.
The intent of the SITCA program is to serve as the sole tip reporting compliance program for employers in various service industries and would replace the following programs:
Tip Rate Determination Agreement (TRDA)
Tip Reporting Alternative Commitment (TRAC)
Employer designed TRAC (EmTRAC)
The IRS is continuing to explore opportunities within the gaming industry and, as such, this program does not impact the existing Gaming Industry Tip Compliance Agreement (GITCA) program.
The proposed revenue procedure provides that for employers with any of these existing agreements, such agreements would remain in effect until the earlier of:
The employer's acceptance into the SITCA program;
An IRS determination that the employer is noncompliant with the terms of their TRDA, TRAC or EmTRAC agreement; or
The end of the first full calendar year after the final revenue procedure is published in the Internal Revenue Bulletin.
Anyone interested in providing feedback to the proposed SITCA program should follow the instructions in the notice and reply by May 7, 2023.
Wagies/poor getting fucked even more than usual. Joe is so much better than the other guy, amirite?!
I like tacos, but that was uncalled for. Privileged White behavior, out of touch.Yep. She pretty much called them tacos.
Party of the working class ladies and gents.
More than half of those boxes can be replaced with Sundown Syndrome.State of the Union Bingo card generator, if you're going to watch the tards tonight.
My copy
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Because if you accuse the other party first, even or especially falsely, it makes any accusations of theirs turn into a "No U", and most people have no idea how to respond to utter falsehoods being reported as gospel truth by oh say... the entire media-government complex, and even Trump was forced to play defense and concede ground under such an assault. It paralyzed him for years and even now people talk about how Mueller quote "never found him innocent" unquote. Kicking up a whole bunch of dust at the other guy makes a great smokescreen, other words.Telegraph what they're doing by accusing others of what they're doing?
Shame its not the good kind of Sundowning. Then again, I'm pretty sure Joe Biden also pines for the good ol' days after 9/11.More than half of those boxes can be replaced with Sundown Syndrome.
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Jill Biden for president? It's more real than you think
President Joe Biden is expected to announce soon after the State of the Union address that he will run for a second term. Increasingly his wife Jill Biden is taking on a bigger role.www.foxnews.com
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Even for an op-ed, this is just odd.
Yea it's no Lyin Ted or Little Marco.Can people stop pretending "Ron DeSanctamonious" is clever? It's a fucking mouthful and difficult to spell.
Both of those are fucking retarded. DeSantis is with young but legal age chicks, while Trump not only never flew on the Lolita Express he even banned Epstein from Mar-a-Lago in I think 2004 over "stuff" which is implied to have been Jeffrey showing up with teen hookers.
Meanwhile top dems flew on the Lolita, you have dems literally pushing for drag queens and trannies in elementary school, and more.
And quite childish. But hey, that's Drump's speciality. Whoops.Can people stop pretending "Ron DeSanctamonious" is clever? It's a fucking mouthful and difficult to spell.
You're way too thirsty. Can't one instance exist without the other?The Desantis people over the weekend started pushing Trump Epstein stuff out of the blue, but they all started using that line of attack to the point where they got their Koch funded marching orders. And then they get pissy Trump responded back. This is such an astroturfed account Brooklyn Dad and the Krassensteins would be proud of what Christina Pushaw's doing.
And all of this is because Desantis got his ego pumped up to think he could just take what Trump made. The fucking idiot.
Same.I wonder what Biden is going to threaten us with during his SOTU address? Maybe he's going to have his IRS agents arrest wrong-thinkers, and place them in the prisons the US government allowed China to build on our soil.