IRS Proposes New Program for Reporting Tips Across Service Industry

IRS Proposes New Program for Reporting Tips Across Service Industry
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Katabella Roberts
Updated:
0:00

The Internal Revenue Service (IRS) on Feb. 6 issued proposed guidance for a voluntary tip-reporting program between the agency and employers across an array of service industries.

Notice 2023-13 contains a proposed revenue procedure that would establish the “Service Industry Tip Compliance Agreement” (SITCA) program, which the IRS says would serve as the sole tip-reporting compliance program between the IRS and employers in all service industries.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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