You will earn all about the IRS tip reporting requirements in this helpful webinar. It covers the difference between tips and service charges, and the necessary documentation needed, including the Form 8027.
The IRS’ general approach to service is to drive taxpayers to online self-help tools. In line with this approach, SB/SE Collection’s top priority is to raise awareness and use of the online payment agreement application. On average Collection grants 3 million payment agreements annually and over 95 percent of individual taxpayers granted a payment agreement qualify to establish that agreement using the online application. This video will be part of communications efforts to raise awareness and use of the online payment agreement application. Our previous Online Payment Agreement video has been viewed over 150,000 times. The new video will cover revisions to the online application since the previous video was produced.
Online Payment Agreements, a brief update. Prerequisite for any payment alternative. Collection Information Statements: Your guide to the appropriate payment option. Selling or refinancing property when there's a tax lien.
This webinar helps employers and employees understand their responsibilities regarding tip reporting, tips and service charges, Revenue Ruling 2012-18 and Form 8027, Employer's Annual Information Return of Tip Income and Allocated Tips.
An overview of withholding, remitting, and reporting obligations related to payments to foreign persons. A review of useful reference materials, including IRS Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities and IRS Publication 519, Tax Guide for Aliens.