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IRS proposes new reporting program for workers who earn tips

Por: Fox Business Business February 08, 2023

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Real estate agent Kirsten Jordan discusses how falling mortgage rates are stirring housing market demand. The (IRS) is seeking public comment on a proposed tip reporting program between the tax agency and employers in service industries.  On Monday, the agency issued a notice that contains a proposed procedure to establish the Service Industry Tip Compliance Agreement (SITCA) program. The program would be voluntary and is designed to take... + full article



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