U.S. Congress - H.R.1957 Small Business Tax Equalization and Compliance Act of 2011
H.R.1957 - Small Business Tax Equalization and Compliance Act of 2011
To amend the Internal Revenue Code of 1986 to expand the tip tax credit to employers of cosmetologists and to promote tax compliance in the cosmetology sector. view all titles (2)
All Bill Titles
- Short: Small Business Tax Equalization and Compliance Act of 2011 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to expand the tip tax credit to employers of cosmetologists and to promote tax compliance in the cosmetology sector. as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 3
- Past Seven Days: 5
- All-Time: 638
|
|
|
|
|
|
|
|
Committees
Official Summary
5/24/2011--Introduced.Small Business Tax Equalization and Compliance Act of 2011 - Amends the Internal Revenue Code to extend the tax credit for social security taxes paid for employee cash tips to employers of cosmetologists. Requires employers of cosmetologists to report income and tipsOfficial Summary
5/24/2011--Introduced.Small Business Tax Equalization and Compliance Act of 2011 - Amends the Internal Revenue Code to extend the tax credit for social security taxes paid for employee cash tips to employers of cosmetologists. Requires employers of cosmetologists to report income and tips of their cosmetologist employees and to provide income and tip information to self-employed cosmetologists to whom they pay more than $600 in the taxable year. Imposes similar reporting requirements upon individuals who rent chairs to cosmetologists. Requires such employers to provide their cosmetologist employees and self-employed cosmetologists with information on the tax and tip reporting obligations of employees and self-employed individuals....Read the Rest
Organizations Supporting H.R.1957
- Professional Beauty Association
Organizations Opposing H.R.1957
- None via MapLight at this time.
Recent News Coverage
Beauty professionals visit Washington DC at Welcome To Our World event
This is a credit that is currently only available to restaurant owners. H.R. 1957 / S974 will also encourage tax compliance and income reporting in the professional beauty industry through education and straightforward reporting requirements. Salons and ..
Recent Blog Coverage
View All (131)
|
View Top Rated
My Day as a Beauty Industry Lobbyist - Business - NAILS Magazine
The Small Business Tax Equalization and Compliance Act (also known as FICA Tax Credit Legislation, S. 974, and H.R. 1957) was introduced in the Senate on May 12 and the House on May 24. FICA stands for Federal ...
My Day as a Beauty Industry Lobbyist - Business - NAILS Magazine
The Small Business Tax Equalization and Compliance Act (also known as FICA Tax Credit Legislation, S. 974, and H.R. 1957) was introduced in the Senate on May 12 and the House on May 24. FICA stands for Federal ...
My Day as a Beauty Industry Lobbyist - Business - NAILS Magazine
The Small Business Tax Equalization and Compliance Act (also known as FICA Tax Credit Legislation, S. 974, and H.R. 1957) was introduced in the Senate on May 12 and the House on May 24. FICA stands for Federal ...
Vote on This Bill
-
Share This Bill
More Share via Email
