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Displaying items by tag: FICA

The Professional Beauty Association (PBA) seeks industry and consumer action to help include the 45B FICA tax credit in the coronavirus economic stimulus package.

Monday Biz Tips! Learn How To Report Tip Income

Monday, 21 September 2015 23:09
Published in Education

Salon owners are responsible for reporting tip income on behalf of their employees. I realize this means that you will have to match FICA on money that did not contribute to your company.

Every year salon owners attend The Summit and disclose that they employ 1099 service providers.

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