Most employers are expected to pass on the IRS’ offer to temporarily delay collecting Social Security taxes. For background, both employers and employees are generally required to pay a Social Security tax at a flat rate of...more
9/16/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Employees ,
Employer Liability Issues ,
IRS ,
New Guidance ,
Payroll Taxes ,
Popular ,
Presidential Memorandum ,
Social Security Taxes ,
Tax Deferral ,
Trump Administration
The IRS recently published guidance on the new refundable employment tax credits available under the Families First Coronavirus Response Act (the “FFCRA”) and the Coronavirus Aid, Relief, and Economic Security Act (the “CARES...more