National tip rate determination between restaurant owners and IRS.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on March 1, 1995. The length of the article is 567 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The IRS is initiating a program called the National Tip Rate Determination\Education Program to increase reporting of tip income and reduce the discrepancy between the figures that restaurant owners and employees report. The IRS will be offering employers an agreement that will state that at least 75% of employees agree to properly report tips. If signatures are obtained by at least 75% of employees, the employer will not get audited. The restaurant industry is not happy with this compliance strategy, but the same technique was used to great success in casinos.

Citation Details
Title: National tip rate determination between restaurant owners and IRS.
Author: Linda Martin
Publication:The Tax Adviser (Magazine/Journal)
Date: March 1, 1995
Publisher: American Institute of CPA's
Volume: 26 Issue: n3 Page: 154(1)

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