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Here is the Update to the Employee Payroll Tax Deferral
Last August, the U.S. Department of Treasury was ordered to defer collecting certain payroll taxes from wages earned between Sept. 1 and Dec. 31, 2020. The Internal Revenue Service (IRS) issued Notice 2020-65 to provide employee payroll tax deferral guidance for...
What is the Employee Payroll Tax Deferral?
On Aug. 8, 2020, President Donald Trump ordered the U.S. Department of Treasury (the Department) to defer collecting certain payroll taxes from wages earned between Sept. 1 and Dec. 31, 2020. On Aug. 28, 2020, the Internal Revenue Service (IRS) issued Notice 2020-65...
What are the Benefits of Direct Deposit for Employees?
With the pandemic causing a lot of uncertainty and anxiety, you want to make sure you can get your paychecks on time, while still maintaining social distancing protocols. Using your employer’s direct deposit service is a great way to do this. It’s the safe...
