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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...
Provisions of the CARES Act for Businesses
On Friday, March 27, the Coronavirus Aid, Relief and Economic Security (CARES) Act was approved by the House of Representatives. President Trump is expected to sign it into law. The bill is designed to provide financial assistance to Americans and their families, and...
