Common Contracts
1 similar Tip Reporting Alternative Commitment (Trac) Agreement contracts
Proposed Revised Tip Reporting Alternative Commitment (TRAC) Agreement for Use in the Cosmetology and Barber IndustryTip Reporting Alternative Commitment (Trac) Agreement • October 1st, 2021
The Internal Revenue Service is ex- panding its Tip Rate Determination/Edu- cation Program (TRD/EP), which is de- signed to enhance tax compliance among tipped employees through taxpayer edu- cation and voluntary advance agreements instead of traditional audit techniques. This announcement solicits comments on a draft agreement entitled Tip Reporting Alternative Commitment (For use in the cosmetology and barber industry).
