Relief Act Payroll Tax Deferral
For taxpayer businesses who do not avail themselves of the forgivable loans under the SBA 7(a) Small Business Interruption Loan Program, there is a plan to defer a portion of the payroll taxes which would otherwise be due. The amount of the payroll tax deferral would be ½ of the OASDI amount (currently ½ of … Continue reading Relief Act Payroll Tax Deferral
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