Small Business Tax Fairness and Compliance Simplification Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 3
- Latest action
- Jun 9, 2025
What it does
The Small Business Tax Fairness and Compliance Simplification Act would amend the Internal Revenue Code to extend an existing tip credit to beauty service establishments, create a safe harbor from IRS tip examinations for employers who implement specific tip reporting and recordkeeping programs, and require information reporting of rental income from space leased to beauty service providers. The bill affects employers and businesses in the beauty service industry—including barbershops, nail salons, esthetics, and spa services—by modifying how tip income is credited, reported, and examined for tax purposes. Key requirements include establishing quarterly tip education programs, maintaining…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
Loading coverage…
Where it goes next
While a bill can still move, the questions are about people and money.