Biden IRS Plans to Crackdown on Waitress’ Tips As Biden Lies No New Taxes On Working Class In State of the Union
Why are tips any of their business?
Fox News: The Internal Revenue Service (IRS) proposed a revenue procedure this week to crack down on the service industry’s reporting of tips. The Service Industry Tip Compliance Agreement (SITCA) program would be a voluntary tip reporting system in which the IRS and service industry companies cooperate. As part of the proposal, the IRS will give the public until early May to provide feedback on the program before implementing it. According to the IRS, the program would seek to “improve tip reporting compliance,” reduce administrative burdens and provide more transparency and certainty to taxpayers (Fox News).
Daily Caller: The IRS has been moving to crack down on small transactions, including through a requirement that digital transactions over $600 be reported to the agency on 1099-K tax forms (Daily Caller).
Biden:"Let me be clear, no one making less than $400k pr yr is going to pay a penny more in taxes"
The Nasty Italian: Let me be clear. Biden is fucking piece of shit liar & everyone of you assholes who were dumb enough to vote for him deserves to be poor!https://t.co/Tq7L0s92pU
— The Nasty Italian??? ?? (@sayitnspinit) February 7, 2023
Those 87,000 new IRS agents that you were promised would only target the rich…
They're coming after waitresses' tips now: "monitoring of employer compliance based on actual annual tip revenue and charge tip data from an employer's point-of-sale system."https://t.co/WAvh0t2cNN
— Mike Palicz (@Mike_Palicz) February 7, 2023
Biden’s IRS plans to crack down on waiters’ tips
‘They’re coming after waitresses’ tips now,’ tax expert Mike Palicz says
By Thomas Catenacci | Fox News
California, New York, Connecticut, Washington, Hawaii, Illinois and Maryland among the states to tax wealthy who flee.
The Internal Revenue Service (IRS) proposed a revenue procedure this week to crack down on the service industry’s reporting of tips.
The Service Industry Tip Compliance Agreement (SITCA) program would be a voluntary tip reporting system in which the IRS and service industry companies cooperate, according to the announcement Monday. As part of the proposal, the IRS will give the public until early May to provide feedback on the program before implementing it.
“Those 87,000 new IRS agents that you were promised would only target the rich,” tweeted Mike Palicz, federal affairs manager at Americans for Tax Reform. “They’re coming after waitresses’ tips now.”
According to the IRS, the program would seek to “improve tip reporting compliance,” reduce administrative burdens and provide more transparency and certainty to taxpayers.
“This is not a proposal for the auditing of servers,” an IRS official told Fox News Digital. “Yesterday’s action was a proposal for comment – not a rule – based on over a decade of feedback from restaurants and other businesses seeking the increased flexibility for their overall tax compliance on tips.”
“This proposal is not in effect and is intended to welcome further conversation from all interested parties before any rule is put into place,” the official added.
Article posted with permission from Pamela Geller
