So-Called Inflation Reduction Act’s Bait-and-Switch: IRS to Crack Down on Waitresses’ Underreported Tips
2/20/23
from Daily Signal,
2/17/23:
It’s tax season, and the IRS has a new $80 billion slush fund at its disposal, thanks to the misnamed Inflation Reduction Act, which was signed into law in August. The White House and Treasury officials told us this infusion of cash was necessary to enable the IRS to go after rich tax evaders and corporations. It may come as a surprise, then, that the IRS is proposing to direct new scrutiny at underreported tips by waitresses, barbers, and bartenders.
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