Blog

Month: April 2020

Deferral of Employer Social Security Tax Payments

April 21, 2020 by Ali Carbo
Tax Services
The CARES Act includes a provision allowing employers and the self-employed to defer a portion of social security tax payments for the remainder of 2020.  Employers All employers are eligible to defer payment of the employer portion of social security taxes on wages paid from March 27, 2020 through December...
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Families First Coronavirus Response Act - Updated 4/1/2020

April 1, 2020 by Allison Stevens
Tax Services
The Families First Coronavirus Response Act, has been signed by the President and includes mandatory paid leave requirements and related tax credits that will affect many small businesses.  These new rules are effective April 1, 2020. Required Paid Leave Employers with fewer than 500 employees are now required to provide...
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