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Small Business Tax Fairness and Compliance Simplification Act
7/4/2025, 8:38 PM
Summary of Bill S 1998
A bill introduced in the 119th Congress with the title "A bill to amend the Internal Revenue Code of 1986 to simplify reporting requirements, promote tax compliance, and reduce tip reporting compliance burdens in the beauty service industry" aims to address tax reporting complexities within the beauty service sector. The bill proposes changes to the Internal Revenue Code to streamline reporting processes, enhance tax adherence, and alleviate the burden of tip reporting specifically within this industry. Introduced on June 9, 2025, the bill focuses on promoting tax compliance and simplification in the beauty service sector.
Read the Full Bill
Current Status of Bill S 1998
Bill S 1998 is currently in the status of Bill Introduced since June 9, 2025. Bill S 1998 was introduced during Congress 119 and was introduced to the Senate on June 9, 2025. Bill S 1998's most recent activity was Read twice and referred to the Committee on Finance. as of June 9, 2025
Bipartisan Support of Bill S 1998
Total Number of Sponsors
7Democrat Sponsors
0Republican Sponsors
7Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
2Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1998
Primary Policy Focus
TaxationAlternate Title(s) of Bill S 1998
A bill to amend the Internal Revenue Code of 1986 to simplify reporting requirements, promote tax compliance, and reduce tip reporting compliance burdens in the beauty service industry.
A bill to amend the Internal Revenue Code of 1986 to simplify reporting requirements, promote tax compliance, and reduce tip reporting compliance burdens in the beauty service industry.
Comments

Ahmad Baldwin
488
5 months ago
This bill hurts small businesses.
Sponsors and Cosponsors of S 1998
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