Tag: SITCA Program

The Internal Revenue Service (IRS) is seeking public input on a plan that would permit employers in service industries to send gratuities to the tax agency. The government announced the proposed establishment of the Service Industry Tip Compliance Agreement (SITCA) program on Monday. IRS SITCA Program The program would be optional, according to the government, and be developed to take advantage of advancements in point-of-sale, time and attendance, and electronic payment settlement methods. Its objective is to boost compliance with tip reporting. The IRS stated that other reporting schemes would be replaced by...