Posts Tagged ‘Federal Insurance Contribution Act’
Cardin, Scott Introduce Bipartisan Legislation to Create U.S. Tax Code Parity for Beauty Salons
Legislation introduced by U.S. Senators Ben Cardin of Maryland and Tim Scott of South Carolina would empower beauty services providers, such as barbers, manicurists, skincare specialists, and hairstylists by expanding the Federal Insurance Contribution Act (FICA) tax tip credit. The legislation would allow these businesses to be treated similarly to the food and beverage sector,…
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