H.R.2133 - Cosmetology Tax Fairness and Compliance Act of 2003108th Congress (2003-2004)
|Sponsor:||Rep. Johnson, Nancy L. [R-CT-5] (Introduced 05/15/2003)|
|Committees:||House - Ways and Means|
|Latest Action:||05/15/2003 Referred to the House Committee on Ways and Means.|
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Summary: H.R.2133 — 108th Congress (2003-2004)All Bill Information (Except Text)
Cosmetology Tax Fairness and Compliance Act of 2003 - Amends the Internal Revenue Code to extend the tax credit for social security taxes paid for employee cash tips to employers of cosmetologists.
Introduced in House (05/15/2003)
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.