Payroll Tax Credits

Confused about the tax credits available for businesses with payroll?  This is a simple little walkthrough to help determine if an employer can take a tax credit for leave due to Covid. https://covidhelp.thomsonreuters.com/paidleavecredit/

Presidential Order on Payroll Taxes — FYI

On August 8th, the president issued a memorandum that will suspend certain employee payroll taxes from September 1, 2020 to December 31, 2020.  There are still questions on the details of the memorandum, and we will update you on our blog as we get those answers.  Of course as always, if you have any questions, please contact your CPA or your paraprofessional.