NRA - IRS Presentation by dE3ybJz

VIEWS: 0 PAGES: 12

									National Restaurant Association –
Executive Study Group Meeting

    Internal Revenue Service
      National Tip Reporting
       Compliance Program
   FY 2012 – FY 2013 Update
                               1
               Introduction
Daniel R. Lauer
Program Manager, National Tip Reporting Compliance Program
Phone (616) 365-4659
E-mail daniel.lauer@irs.gov
E-mail Tip.Program@irs.gov

Joseph Tiberio
Chief, Employment Tax Policy
Phone (617) 316-2539
E-mail joseph.j.tiberio@irs.gov




                                                             2
          Today’s Agenda

   Recent Changes at IRS
   NTRCP FY 2012 Strategic Priorities
   NTRCP FY 2013 Strategic Priorities
   Legislative and Guidance Proposals
   Revenue Ruling 2012-18
   Announcement 2012-25
   Questions and Comment Period
                                         3
       IRS Organizational
            Changes


   Large Business and International
    Business Operating Division
    Realignment



                                       4
    NTRCP Strategic Vision


   A Long-Term Systemic Focus
   Outreach and Education
   Stakeholder Interaction
   Reengineering Forms and Pubs
   Guidance
   Compliance Activities
                                   5
Fiscal Year 2012 Priorities


   Outreach and Education
   Form 8027 Reengineering
   Guidance
   Compliance Activities



                              6
Fiscal Year 2013 Priorities

   Evaluate Stakeholder Feedback
   Form 4137 Program
   Form 8027 Reengineering
   Service Fees And 45B Credit
   Form 8027 Non-filer Program
   Agreement Compliance Program
   Update Gaming Agreements
   Strategically Focused Examinations
                                         7
Legislation And Guidance
        Proposals

   Tips Received By Electronic Settlement
   Increase Allocated Tip Rate To 12%
   Reengineer TRDA & TRAC
   Review and Revise Tip Regulations
    – Form 8027 Related
    – Tip Out To Indirectly Tipped Employees
                                               8
Revenue Ruling 2012-18

The revenue ruling provides guidance for
  employers and employees in a question and
  answer format regarding taxes imposed on
  tips under the Federal Insurance
  Contributions Act (FICA), including
  information on the difference between tips
  and service charges, the reporting of the
  employer share of FICA under section
  3121(q) of the Code, and the section 45B
  credit.
                                               9
Announcement 2012-25
In Announcement 2012-25, the Service is
  seeking comments from the public
  regarding an interim guidance memo (IGM)
  issued to its examiners relating to Rev. Rul.
  2012-18. The IGM provides audit issue
  direction to examiners in dealing with issues
  concerning the proper treatment of tips and
  service charges. The Announcement also
  announces plans to solicit comments in the
  future regarding possible changes to
  voluntary tip compliance agreements.

                                              10
     Highlights of the IGM

   Employer/Employee Characterization
    Not Determinative
   RR Effective Immediately And Applied
    Retroactively
   Limited Proactive Application
   Guidance To Examiners on Application
    To Tip Agreements
   Requests Implementation Commentary
                                       11
 THANK YOU And I Welcome
     Your Questions!
Daniel R. Lauer
SBSE Specialty Programs
Employment Tax Program
Program Manager, National Tip Reporting
  Compliance Program

Phone (616) 365-4659
E-mail    daniel.lauer@irs.gov
E-mail    Tip.Program@irs.gov

                                          12

								
To top