HR 3724 111th Congress House Taxation Employment taxes Income tax credits Self-employed Small business Tax administration and collection, taxpayers Wages and earnings

Small Business Tax Equalization and Compliance Act of 2009

Introduced: October 6, 2009 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Oct 6, 2009

Referred to the House Committee on Ways and Means.

Oct 6, 2009

Sponsor introductory remarks on measure. (CR E2460)

Oct 6, 2009

Introduced in House

Plain-English summary Congressional Research Service

Small Business Tax Equalization and Compliance Act of 2009 - Amends the Internal Revenue Code to extend the tax credit for social security taxes paid for employee cash tips to employers of cosmetologists.

Requires employers of cosmetologists to report income and tips of their cosmetologist employees and to provide income and tip information to self-employed cosmetologists to whom they pay more than $600 in the taxable year. Imposes similar reporting requirements upon individuals who rent chairs to cosmetologists. Requires such employers to provide their cosmetologist employees and self-employed cosmetologists with information on the tax and tip reporting obligations of employees and self-employed individuals.

What's happening now October 6, 2009

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1